$Hang Seng China Enterprises Index (800100.HK)$ The Hang Seng Enterprise Index has maintained strong momentum following its breakout from a large bottoming rectangle consolidation pattern. From a technical perspective, the next upside targets are the 61.8% and subsequently the 76.4% retracement levels, ultimately suggesting a move toward a full measured 1x target derived from the base.
Last Christmas, I gave$Hang Seng China Enterprises Index (800100.HK)$all my hard earned cash, but the very next day, it took everything away! This year, to save me from tears, I gonna hope for something special…..something special from the Chinese stimulus package.
Market Overview: Collective Rebound, Sentiment Improves Today, the Hong Kong stock market rebounded collectively, halting its losing streak. Market sentiment improved significantly, with active trading boosting the overall atmosphere. Hang Seng Index rose 0.83% China Enterprises Index rose 1.06% Hang Seng Tech Index surged as much as 2.3% in the afternoon, closing with...
$Hang Seng Index (800000.HK)$$Hang Seng China Enterprises Index (800100.HK)$$Hang Seng TECH Index (800700.HK)$ Analysis of the Hong Kong Stock Market 1. Performance of the Three Major Indices Hang Seng Index: Closed down 0.48%, with market sentiment remaining subdued and overall performance weak. China Enterprises Index: Declined 0.38%, as heavyweight stocks struggled, and the index failed to sustain a rebound. Hang Seng Tech Index: O...
October 18, 2024, Financial Street Forum annual meeting opened today, the theme is “trust and confidence - discuss financial openness and cooperation to share economic stability and development”. Central Bank Governor Pan Gongsheng, State Administration of Financial Supervision and Administration Director Li Yunze, Securities and Futures Commission Chairman Wu Qing, and foreign exchange bureau chief Zhu...
A global survey conducted by Bank of America in October showed that following China’s stimulus package, the net percentage of global fund managers expecting China’s economy to strengthen over the next 12 months rose to 48%, the highest since April 2023. However, it’s worth noting that global equities just triggered a sell signal from Bank of America, the first time since February 2021...
1) Renovation of 1 million urban villages and dilapidated buildings: Focused on supporting cities at the prefecture level and above. Development and policy-oriented financial institutions will provide special loans. Local governments will be allowed to issue special bonds. Tax and fee incentives will be offered. Commercial banks will issue loans based on evaluations. 2) Increase in credit for "white-listed" projects to 4 trillion yuan by year-en...
Money Thrill
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That's something, but probably not enough to support the stock market ... that's i want to see more. Cut taxes, for example? It's all for "house market" ?
That’s a bit of a let-down for investors who expected officials to unveil the value of additional special sovereign bonds at the presser. On steps to help big state banks to replenish their capital, Vice Finance Minister Liao Min said the ministry is waiting for the lenders to submit their specific plans, and that work is progressing. Banks that are listed ...
US Futures Fall: US equity futures are down, with$S&P 500 Index (.SPX.US)$and$Nasdaq Composite Index (.IXIC.US)$slipping by 0.1%, following news that the Department of Justice (DOJ) is considering breaking up Alphabet’s$Alphabet-C (GOOG.US)$search engine as part of an antitrust crackdown. Alphabet Impact: Alphabet shares dropped 1.5% after the DOJ’s announcement, which could lead to a historic breakup of one of the world's larg...
小卷卷 : The benefits of communism, when I tell you to buy, you must buy, otherwise you cannot have your spring bag.
stormspike : The sure way we know the market has rebound from its low is when the market rises even on bad news.
Cui Nyonya Kueh :


104296072 : Oic
103157939 : i beliece it will rebound soon enough..
This time CCP is ready ..unlike Duckie's 1st term...
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