Hong Kong and A-shares are in high spirits! How much room is left in the market under the new round of policies?
Interest rate-sensitive growth stocks, export chains driven by usa real estate demand, Hong Kong stocks local dividends and real estate, all show greater resilience in this round of rise.
Central Bank, super heavy! Batch adjustment of existing home loan interest rates!
On September 29, the People's Bank of China (referred to as the "central bank") issued an announcement (referred to as the "Announcement") to improve matters related to the pricing mechanism of commercial individual housing loans. Starting from November 1, eligible borrowers can negotiate with commercial banks to adjust the rate markup of mortgage loans in a market-oriented manner and can also negotiate to adjust the repricing cycle. At the same time, the central bank issued the "Proposal on the Initiative of Bulk Adjustment of Existing Housing Loan Rates", clarifying that all commercial banks should unify the interest rates of existing housing loans (including first homes, second homes, and more) by October 31, 2024.
Bank of America and Barclays update their "china fever" strategy: major events happening now! Global risk appetite is on the rise.
①China's current stimulus policy has increasingly become the mainstream attitude of Wall Street analysts, and overseas investors are also showing concerns about 'missing out' while waiting and seeing; ②Even after the significant rise this week, Chinese assets still remain very attractive in terms of valuation; ③In addition to stocks, analysts are also paying attention to the generalized effect of 'China bullish'.
US stock market outlook | As expected! USA's core PCE in August rose by 2.7% year-on-year, short-term pull-up of the three major index futures; Making a fortune! Well-known major short sellers bet on Chinese concept stocks to usher in a glorious moment
Before the market opened on Friday, the three major equity index futures fell slightly, with the market waiting for PCE data; tesla's 0-interest car purchase event was postponed again; jd.com continued to rise by over 2% before the market, Alibaba and jd.com will open up to each other.
Express News | The Central Financial Office and the China Securities Regulatory Commission jointly issued the "Guiding Opinions on Promoting the Entry of Medium to Long-term Funds into the Market".
Goldman Sachs, UBS Group, and Morgan Stanley have all spoken out on China's policies and assets!
Recently, a series of consecutive punches have been released by the Chinese government, with Chinese assets represented by A shares soaring for three consecutive days, and the offshore renminbi also regaining the "7" level against the US dollar. Globally, both China's recent package of policies and asset trends have attracted attention, with a Goldman Sachs conference call being overloaded, reaching its maximum capacity in terms of participants. What are foreign investors' views on China's recent package of policies? Has confidence been somewhat boosted? China's brokerage journalists interviewed Goldman Sachs, JPMorgan, UBS Group, and other foreign institutions on September 25th, collecting the latest opinions of major foreign institutions on the recent comprehensive set of new policies. The most comprehensive easing policy since 2015 "this comprehensive set"