Asia Markets in Red Tracking Wall Street Sell-off Amid Hawkish Fed Stance; BOJ Keeps Rate on Hold
Asia Markets Mostly Lower Mirroring Wall Street's Losses; Investors Assess Japan's Trade Data
Asia Markets Mixed as Traders Assess Mixed Economic Data in the Region; Eyes on Major Central Back Decisions
China's Nov Retail Sales Slows as Stimulus Impact Fades; Unemployment Rate Held Steady
Express News | The Ministry of Finance announced that next year it will implement a more proactive fiscal policy, ensuring that fiscal policy is continuously strengthened and more effective.
The Securities Regulatory Commission: Firmly implement the important requirement of "stabilizing the real estate and stock markets" and focus on promoting the entry of medium and long-term funds into the market.
On December 14, Wu Qing, Secretary of the Party Committee and Chairman of the China Securities Regulatory Commission, presided over a meeting of the Party Committee (expanded) to convey and study the spirit of the Central Economic Work Conference, and in conjunction with the requirements of the national financial system work meeting, researched and deployed the implementation work of the CSRC system.
Bank of America: Investors poured into China Stocks in the past week, with the amount of funds raised reaching a nine-week high.
Considering that investors have made large-scale bets on the strength of the dollar and rising US bond yields, Hartnett warns of the risk of "overshooting" at the beginning of next year. He believes that, as inflation continues to force the Fed to take a more hawkish stance, Bonds, Gold, and international Stocks will become attractive Assets. Hartnett thinks that the first quarter of next year is the entry point for non-USA Stocks.
Express News | Director Wang Xin of the Central Bank Research Bureau: There will be timely reductions in reserve requirements and interest rates, and an increase in the intensity of MMF.
The latest statement from the Central Financial Office: This year's GDP in China is expected to grow by around 5%; the new wording of policies has significant implications, and specific plans will be showcased at the national two sessions.
Today (14th), at the 2024-2025 China Economic Annual Conference held at the China International Economic Exchange Center, Han Wenxiu, Deputy Director of the Office of the Central Financial and Economic Committee responsible for daily operations and Director of the Office of the Central Rural Work Leading Group, stated that China's GDP is expected to grow by about 5% this year.
Express News | Deputy Director of the Central Finance Office Han Wenxiu: The new policy terminology has high value, and specific plans will be unveiled at the National Two Sessions.
Express News | Central Economic Work Conference: Implement a more proactive macro policy, expand domestic demand, promote the integration of technological innovation and industrial innovation development, and stabilize the property and stock markets.
Asia-Pacific Markets Mixed as China's Key Economic Meeting Kicks Off; Eyes on U.S. CPI Report
A50 is experiencing strong turbulence, and YINN fell nearly 13% in the night market! What happened.
The trend of A50 is indeed surprising!
Asia Markets Surge, Defied Selloff on Wall Street on China's Economic Policy Shift to Spur Growth
A sudden market surge! The chinese stock market jumped significantly, and the yuan surged sharply. What happened?
On Tuesday (December 10), after china committed to loosening policies and promoting consumer spending, the chinese stock market soared, while both onshore and offshore renminbi rose.
A net profit of 0.138 billion dollars in one day, leveraged call bets on china etf have made a fortune.
Overseas investors who heavily leveraged their bets on chinese stocks have made huge profits.
Hua Chuang Securities interprets the December Politburo meeting: five unexpected points.
① The first expectation exceeded - the economic development goals for the entire year of 2024 will be achieved. ② The second expectation exceeded - stabilizing the stock market and real estate market. ③ The third expectation exceeded - the monetary policy is set to undergo a significant change over the next decade. ④ The fourth expectation exceeded - strengthening "extraordinary" counter-cyclical adjustments. ⑤ The fifth expectation exceeded - expanding domestic demand ranking is advanced, and the保障民生保障 is intensified.
U.S. stocks in early trading | The Nasdaq slightly rose, hitting a new all-time high during the session! The Chinese concept index increased by over 10%, with Chinese concept stocks and etfs collectively soaring.
On the evening of the 9th in peking time, U.S. stocks opened mixed on Monday, with nvidia leading the decline in the Nasdaq. This week, the market is focused on the November CPI inflation data to further determine the Federal Reserve's policy outlook. The Federal Reserve will hold its last monetary policy meeting of the year next week.
The Politburo meeting first proposed stabilizing the stock market and the real estate market! Triple leveraged investment in the FTSE china etf surged over 26%.
In the U.S. stock market, chinese assets are rapidly increasing, among which, the 3x long FTSE china etf surged over 26%, the 2x long china internet plus-related stocks rose over 22%, the 2x long FTSE china 50 etf increased over 17%, and the 2x long 300etf rose nearly 15%.
Express News | US stock night trading: China etf and Chinese concept stocks expanded their gains, with YINN up nearly 13%, XPeng autos up nearly 7%.