This time is different? Foreign media survey: Foreign capital is "ready to return to China", hedge funds "not even picking stocks".
Some institutions believe, 'In terms of allocation to China, for many people, it may be too early to change the allocation, but there is only one direction, which is upward.'
US stock market morning | The three major indexes fell together, with Q3 delivery data falling short of expectations, tesla dropped nearly 6%; Chinese concept stocks continued to rise, china Golden Dragon Index rose by over 4%
usa September ADP employment number exceeded expectations. The escalation of tensions in the Middle East weakened risk appetite, driving up oil prices. The market is paying attention to the impact of the major strike by American dock workers and is waiting for the non-farm employment data on Friday.
Stock ETFs with abnormal movements! Pre-market trading led by China concept stocks ETFs! Leveraged 3 times to long FTSE China ETF surged over 18%, leveraged 2 times to long CSI 300 ETF surged over 12%.
On Wednesday, October 2nd in pre-market trading, US-listed Chinese concept stocks ETF led the gains, triple leveraged FTSE China ETF rose by 18.26%, double leveraged China internet-related stocks ETF rose by 14.14%, and double leveraged 300ETF rose by 12.29%.
Asian Market Mostly in Red After Iran Launches Missiles Against Israel
Asian Net Buying on Goldman Sachs' Prime Book Hit 10-year High Last Week
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.
China Stimulus May Spur Buying in Overseas Equities, Bank of America Says
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.
Hong Kong stocks have been soaring for days on heavy volume, haven't jumped on board yet? These directions are still worth paying attention to.
In recent days, the heavy-duty policy bullish continues to catalyze, with large funds actively buying assets in China, and the market's bullish sentiment towards China has been fully ignited. Beneficiary sectors have already risen in advance. Lowering mortgage rates is bullish for consumer spending, with sectors like alcohol, gold, and jewelry taking the lead, while opportunities for biomedical and real estate stocks are worth looking forward to.
What happened tonight? Major policy bullish surprise, foreign capital collectively optimistic, china assets booming!
On the evening of September 26, Chinese assets soared, with Chinese concept stocks, China assets etf, ftse china a50 index futures, Hang Seng index futures, and RMB exchange rates all skyrocketing.
U.S. stock market in the morning | The three major indexes all rose, with the S&P hitting a new high; the China Golden Dragon Index surged by more than 10%, jd.com rose more than 12%; Micron rose 17% leading the semiconductor stocks.
On the evening of the 26th Beijing time, the US stock market opened higher on Thursday. The revised value of the US GDP for the second quarter met expectations. Investors are paying attention to speeches by several Federal Reserve officials including Powell to further understand the future interest rate cut path. The market is also focusing on the US federal government debt crisis issue and the US presidential election.
US Stock Market Outlook | Chinese concept stocks soar across the board! Pdd holdings, jd.com, Bilibili surge more than 11% pre-market; Micron sparks the "AI faith"! Chip stocks pre-market frenzy.
Optimism continues to spread, with strong gains in the Asia-Pacific stock markets and pre-market trading in US stocks on the rise. As of the time of publication, the Dow Jones futures rose by 0.37%, the s&p 500 index futures rose by 0.75%, and the Nasdaq futures rose by 1.41%. Chinese ETFs surged in pre-market trading, with 3 times leverage on the rise of the FTSE China ETF by over 25%.
Express News | China assets etf pre-market trading gain expands, 3 times long on Direxion FTSE China ETF increases by over 20%.
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"
Express News | US stock night trading: The decline in China ETF and Chinese concept stocks deepens.
Asia Markets Rise Buoyed by China's Stimulus Measures, Investors Access Australia's CPI Data
People's Bank of China Lowers Medium-term Lending Facility Rate by 30 Basis Points to 2%