China stock market in free fall....no one paying any mind.

S2007S said:
GDP for the last three months of 2023 rose by 5.2%, missing analysts’ estimates of 5.3% in a Reuters poll. GDP growth for the full year was also 5.2%.
Retail sales grew by 7.4% in December from a year ago, also missing expectations for 8% growth.
China resumed reporting the unemployment rate for young people.






https://www.cnbc.com/2024/01/17/chi...-resumes-posting-youth-unemployment-data.html
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These are very good numbers for a country whose population that is shrinking. Even zero growth is positive in that case.
 
Hanging on by a "thread" - note this is a monthly chart going back to GFC days of 2008:-
! SSE Monthly.png
 
SunTrader said:
Nope.
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Ohhh it has to be. ....the US market going up another 30% plus this year and mag 7 doing another 50 to 100% return will trickle throughout the world and lift every market to historic highs the world has never witnessed before minting millions and million and millions of people millionaires.
 
S2007S said:
Ohhh it has to be. ....the US market going up another 30% plus this year and mag 7 doing another 50 to 100% return will trickle throughout the world and lift every market to historic highs the world has never witnessed before minting millions and million and millions of people millionaires.
More...
Except China. It didn't get the memo. Down another -0.5% today.

Yet another multi-year low close.
 
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