Ahh yes here we goooo yet again. China pumping its markets up just like wallstreet does....

S

S2007S

Ahhhh yes and once again here we gooooooo, more propping of markets. Cannot be a moment in time where any financial market in this world is left alone to find its own way out...always have to have to have to type of intervening...for once can we have a market where it's free to do what the fu*k it wants to do on its own.


Chinese authorities are aiming to get about 2 trillion yuan ($278 billion) through offshore entities, according to Bloomberg.
Chinese policymakers have also put aside 300 billion yuan of local funds that would be used to invest into onshore shares.



https://www.cnbc.com/2024/01/23/chi...tock-markets-could-mobilize-278-billion-.html
 
S2007S said:
Ahhhh yes and once again here we gooooooo, more propping of markets. Cannot be a moment in time where any financial market in this world is left alone to find its own way out...always have to have to have to type of intervening...for once can we have a market where it's free to do what the fu*k it wants to do on its own.


Chinese authorities are aiming to get about 2 trillion yuan ($278 billion) through offshore entities, according to Bloomberg.
Chinese policymakers have also put aside 300 billion yuan of local funds that would be used to invest into onshore shares.



https://www.cnbc.com/2024/01/23/chi...tock-markets-could-mobilize-278-billion-.html
More...

never. Until the whole system collapses, and it might. But easily could be 10 or 20 years in the future. Meanwhile list’s make some money until then.
 
%%
The legs of the lame are not equal.
Chi-com pandas do look cool, their coats are for communication + camo. Almost like they wear sunglasses :cool::cool:
No way a panda can fly like an eagle, or even a song bird \even though FEDX did help on the panda bear exodus LOL:D:D
 
China has been pumping their markets "non stop" for years... still in the dumps. At some point perhaps they will go overboard with the stimulus to get "things moving", but it's been a "no go" for quite a long time. Suggest caution.
 
Forcing SOEs to buy stocks in each other is totally idiotic and exposes the economic illiteracy of the CCP senior leadership. Chinese stocks are weak because capital owners (especially foreign capital owners) rightly believe that the CCP is actively hostile towards them earning any profits.

No amount of government money will succeed in kicking off a sustainable bull in China shares - though they sure can buy up the entire free float, eventually.
 
S2007S said:
Ahhhh yes and once again here we gooooooo, more propping of markets. Cannot be a moment in time where any financial market in this world is left alone to find its own way out...always have to have to have to type of intervening...for once can we have a market where it's free to do what the fu*k it wants to do on its own.


Chinese authorities are aiming to get about 2 trillion yuan ($278 billion) through offshore entities, according to Bloomberg.
Chinese policymakers have also put aside 300 billion yuan of local funds that would be used to invest into onshore shares.



https://www.cnbc.com/2024/01/23/chi...tock-markets-could-mobilize-278-billion-.html
More...
Brilliant!

A stealthy way to nationalize their private sector, pushed it down than buy it up cheap.
 
Specterx said:
Forcing SOEs to buy stocks in each other is totally idiotic and exposes the economic illiteracy of the CCP senior leadership. Chinese stocks are weak because capital owners (especially foreign capital owners) rightly believe that the CCP is actively hostile towards them earning any profits.

No amount of government money will succeed in kicking off a sustainable bull in China shares - though they sure can buy up the entire free float, eventually.
More...
When will the leadership in the Politburo fire that lunatic running the CCP? Until then nothing good will come from any such nonsense.
 
CHINA ECONOMY
China to cut banks’ reserve ratio by 50 basis points from Feb. 5
PUBLISHED WED, JAN 24 20242:51 AM ESTUPDATED 4 MIN AGO

BEIJING — China will cut reserve ratio requirements by 50 basis points from Feb. 5, while providing 1 trillion yuan in long-term capital in its latest attempt to boost growth in the world’s second largest economy.
________________________________________________________


China stock up - up it goes.

But China A50, Hangseng ... futures are still on the downtrend / down channel.



I am sure there will be another major news coming from China soon
ie more trading opportunities.
 
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