I have a small position in FXI but I didn't bother trading it today. META kept me busy. A 1.22 Trillion dollar market cap which just goes to show that Xinping needs to step it up. 278 billion isn't going to cut it.
China A50 futures broke the descending trend line. But that doesn't mean it is on the uptrend. There was a long green candlestick on 6 Feb 2024. Today, it will be a long green candlestick. China stock market in free fall ---> China stock market in free fly
Asia Markets Hong Kong stocks surge over 3% as PBOC announces a slew of policy easing measures in rare briefing Published Mon, Sep 23 20248:00 PM EDTUpdated 14 Min Ago Lim Hui Jie Share Key Points The People’s Bank of China announced it will reduce the reserve requirement ratio by 50 basis points, among other measures. Australia’s central bank held its benchmark policy rate at 4.35%, in line with expectations from economists polled by Reuters. __________________________________________ China A50 futures up 4.7% today.