Commentary

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

Next Week, China’S July Pmi Data Will Be Released

Hang Seng fell 2.3% This week, the Hang Seng Index fell by 2.3%, losing its 200-DMA, while the Hang Seng Tech Index dropped by 2.6%. Despite a brief rebound on Monday, fueled by the news of an interest rate cut by the central bank, this boost failed to sustain the

The One-Year And Five-Year Lprs Were Reduced by 10 Basis Points Each

CSI300 dropped 3.7% The CSI 300 fell 3.7% this week on volume above the average and higher than the last week. The market condition was Rally Attempt. The index fell in quick succession this week, breaking below the July 9 low of 3,385 during the session. The next support turned

The Hang Seng Index Failed to Extend Last Week’S Confirmed Uptrend

Hang Seng fell 4.8% This week, the Hang Seng Index dropped sharply by 4.8%, while the Hang Seng Tech Index plunged 6.5%. The declines this week were primarily driven by drops on Tuesday and Friday. On Tuesday, the uncertainty surrounding an important meeting led to cautious sentiment and a dominant

Trump May Bring More Aggressive Tariff Policies

CSI300 gained 1.9% The CSI 300 rose 1.9% this week on volume below the average and lower than the last week. The market condition was Rally Attempt. The index continued to rally this week, regaining the 21DMA and 200DMA in quick succession. Resistance was at 50DMA and 100DMA. 2Q24 GDP