With Trump's inauguration approaching in January, Bank of America Merrill Lynch advises investors to adjust their portfolios: focus on US bonds, European and Chinese stock markets, and gold.
Bank of America advises investors to adjust their portfolios before Trump's inauguration in January, focusing on US Treasury bonds, China and Europe stock markets, and gold.
Shanghai Composite Index and sse 50 index both fell by more than 1%.
Gelonghui November 12th | A-share main indices pull back, with the Shanghai Composite Index and sse 50 index both falling by more than 1%, the north 50 index falling by more than 2%, the shenzhen component index falling by 0.1%, and the chinext price index narrowing its gains to 0.5%, after previously rising by 2.3%.
China Stimulus Trade to Pick up in Stocks by Late-Nov, JPM Says
Express News | In October, over 100 billion Hong Kong dollars flowed into overseas China stock ETFs.
10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
China's New Stock Accounts Hit Nine-Year High as Market Booms