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.
Express News | US stocks china assets etf collectively rose in the initial trading session, 3 times long fitchina etf rose nearly 13%
China's New Stock Accounts Hit Nine-Year High as Market Booms
Uncertainty has been digested! Goldman Sachs remains bullish on China stocks: expecting a 20% ROI in the next year, with A shares outperforming H shares in the short term.
Goldman Sachs believes that the profit correction trend in the Chinese market has stabilized. They will maintain a shareholding position in the internet plus-related industry, service industry, and dining industry. It is expected that A-shares may outperform H-shares in the next three months, and the EPS of the MSCI Chinese Index in the following two years is expected to grow by 12% each.
Express News | China assets ETF and Chinese concept stocks continued to rise in the night session, with 3x long FTSE China ETF surging nearly 8%, 2x long China internet-related stocks ETF, 2x long 300ETF rising over 6%; xpeng surged over 5%, bilibili rose nearly 5%, nio
PMI data continues to improve! China's assets across the board are surging, what other signals are worth paying attention to?
The critical moment is about to come, and the market gives the feeling of being "dominant"!
The twelfth meeting of the Fourteenth National People's Congress Standing Committee reviewed the proposal to increase the debt limit of local governments to replace the hidden debt.
The 12th session of the 14th National People's Congress Standing Committee held its first plenary session on the morning of November 4th at the Great Hall of the People in Beijing, chaired by Chairman ****.
Continuous strong policy combination, is the new bull market in Hong Kong stocks not over yet?
Following the strong stock market liquidity boosting measures and a basket of policy measures to stimulate economic growth announced by the Chinese government, the banking industry giant headquartered in the United Kingdom, HSBC, stated that the trading activities of its clients in Hong Kong stocks have significantly strengthened.
Express News | What did the China-US economic working group discuss? China revealed: In November, a large-scale incremental policy will be announced after the statutory procedures.
Analysts who correctly predicted a sharp rise at the end of September: there is still room for growth in the Chinese stock market.
Bank of America strategist Lars Naeckter said that considering China's continued policy efforts and investors' willingness to re-enter the market, the market may still rebound further.
US stock market outlook: Chinese assets collectively rise before the market! YINN surged more than 15%, bilibili rose more than 7%; Goldman Sachs: debt conversion is the first step in China's fiscal big move, which will stimulate economic growth.
Trump claimed to have received a 'plea for help' call from Cook, involving Apple being fined heavily by the European Union; Is there still an 'undercurrent' behind the bull market of US stocks? Goldman Sachs: The rise of the US dollar is a major threat; The gold price continues to hit new highs! As risk aversion heats up, spot gold rises above $2,700.
500 billion convenient business processes and operational details for exchange are all here! 20 brokerages and funds are ready.
The interest rate bonds obtained through swap transactions can only be pledged and cannot be sold; the pledge rate should not exceed 90% in principle. ChinaBond Inclusion monitoring is implemented, and the replenishment line is set at no less than 75%.
Express News | China assets etf and chinese concept stocks strengthen in the night session, 3x long ftse china etf rose more than 9%.
China suddenly announced a major news! The People's Bank of China took action to stabilize the capital markets by implementing share buybacks and shareholding refinancing.
The People's Bank of China has established a share buyback and shareholding refinancing program to support the stable operation of capital markets. The Chinese central bank officially launched the securities, fund, and insurance companies swap facility (SFISF) operation today. However, the Governor of the People's Bank of China, Pan Gongsheng, emphasized that the bottom line is that credit funds must not illegally enter the stock market, and the swap facility does not directly provide funding support.
Bank of America strategist: Chinese stocks should be able to continue to rise, recommending a call options strategy.
①A strategist at Bank of America options believes that Chinese stocks should have further upside potential; ②This strategist correctly predicted the rise of Chinese stocks before.
It's about real estate! Five departments make a significant statement, with the "white list" increasing to 4 trillion yuan.
The State Council Information Office held a press conference at 10 a.m. this morning to introduce the relevant situation of promoting the stable and healthy development of the real estate market.
Bank of America: Fund managers are bullish on the Chinese economy and stocks overall, while the global stock market is showing a sell signal.
A global survey conducted by Bank of America in October showed that after China's package of stimulus measures was introduced, the net proportion of global fund managers expecting China's economy to strengthen over the next 12 months reached 48%, the highest since April 2023. However, it is necessary to be cautious as global stock markets have just triggered a sell signal from Bank of America for the first time since February 2021. Investors have shown optimism, anticipating a solid foundation for the global economy.
A-shares and Hong Kong stocks saw a huge shock! How will the future market play out? The latest analysis from institutions has arrived.
Market earthquake.