Hang Seng Futures Quotes
- Thread starter syswizard
- Start date
China GDP and economy growing strong. Tension with US should drop ?
Did you see this one today: https://finance.yahoo.com/news/hong-kong-stocks-20-month-033151203.html
Hang seng went up massively by 3.6%
but China A50 did not go up at all.
a few hours later, Hangseng went down (correction or retracement ) about 2%.
During that time, China A50 also went down.
so it got nothing to do with china's GDP or economy.
What did you observe? What makes you think so?
Hang Seng futures moved up suddenly & massively around the end European session / before the US market opened.
It could be a US vs China stocks regulatory thing,
China Covid-19 thing, or whatever.
Definitely, there were some investors / traders who were
privileged to get the news first.
The slow lazy professional news reporter will report what happened many many hours later.
US-CHINA TENSIONS
U.S. gains full access to audits of Chinese companies in breakthrough
Deal removes risk of 200 stocks being kicked off American exchanges
"For the first time in history, we are able to perform full and thorough inspections and investigations to root out potential problems and hold firms accountable to fix them," said PCAOB Chair Erica Williams. © AP
December 16, 2022 00:43 JST
NEW YORK/HONG KONG/WASHINGTON (Reuters) -- The U.S. Public Company Accounting Oversight Board on Thursday said it has determined that it has gotten full access to inspect and investigate firms in China for the first time ever.
The announcement from the U.S. accounting watchdog removes the risk that around 200 Chinese companies, including Alibaba, could be kicked off U.S. stock exchanges.
U.S. gains full access to audits of Chinese companies in breakthrough
Deal removes risk of 200 stocks being kicked off American exchanges
"For the first time in history, we are able to perform full and thorough inspections and investigations to root out potential problems and hold firms accountable to fix them," said PCAOB Chair Erica Williams. © AP
December 16, 2022 00:43 JST
NEW YORK/HONG KONG/WASHINGTON (Reuters) -- The U.S. Public Company Accounting Oversight Board on Thursday said it has determined that it has gotten full access to inspect and investigate firms in China for the first time ever.
The announcement from the U.S. accounting watchdog removes the risk that around 200 Chinese companies, including Alibaba, could be kicked off U.S. stock exchanges.