Commentary

U.S. Inflation Has Cooled

CSI300 gained 0.4% The CSI 300 rose 0.4% this week on volume below the average and lower than the last week. The market condition was Downtrend. The index recovered slightly this week but remained below all key moving averages. The turnover in Shanghai and Shenzhen exchanges was below RMB500 billion

Market Sentiment Improved As Multiple Favorable Developments Were Gradually Released Throughout the Week

Hang Seng raised 2.0% This week, the Hang Seng Index rose by 2.0%, and the Hang Seng Tech Index increased by 0.7%. Despite no significant positive news over the weekend, market sentiment improved as multiple favorable developments were gradually released throughout the week. Domestically, July’s financial data showed signs of

Turmoil in Global Financial Markets

CSI300 dropped 1.6% The CSI 300 fell 1.6% this week on volume below the average and lower than the last week. The market condition was Rally Attempt. The index continued to adjust this week and remains below all key moving averages. Support is at the Feb. 2 low of 3108.

The Market Experienced Significant Volatility

Hang Seng raised 0.9% This week, the Hang Seng Index rose by 0.9% and the Hang Seng Tech Index increased by 1.5%. The market experienced significant volatility. After last week’s ‘Black Friday’, the global stock markets faced an even more severe ‘Black Monday’ this week, with intensified sell-offs and a

Fed Left Interest Rates Unchanged

CSI300 dropped 0.7% The CSI 300 fell 0.7% this week on volume below the average and lower than the last week. The market condition was Rally Attempt. This week’s index is more fluctuated. It gapped down on Tuesday. Then it surged on larger volume on Wednesday. Afterwards, it continued to

The Market Experienced Significant Volatility Throughout the Week

Hang Seng fell 0.5% This week, the Hang Seng Index fell by 0.5%, while the Hang Seng Tech Index dropped by 1.7%. The market experienced significant volatility throughout the week. On Monday and Wednesday, positive news such as the central bank injecting liquidity through large-scale reverse repos, the U.S. delaying