China & hk stocks/ etfs

[aurvandil]

At the start of Japan's long stagnation, they also tried all sort of initiatives to jump start the economy. None of these worked. Once a country gets labelled as being toxic, it is very hard to change perception.

 

[pcuser123]

 

[pcuser123]

https://www.wsj.com/video/why-many-...ren/4869EDBB-5C2A-4049-A76C-B1B497BF1B07.html

 

[pcuser123]

https://www.investing.com/news/stoc...-faces-another-dollar-coupon-deadline-3176477

 

[pcuser123]

https://www.reuters.com/world/china...-wealth-management-staff-detained-2023-09-18/

 

[pcuser123]

https://www.cnbc.com/2023/09/18/chi...-for-worst-pace-in-more-than-seven-years.html

 

[apple459721]

 

[stanlawj]

As always, flows matter. Who's selling, who's buying, and how much.

https://asiatimes.com/2023/09/blackrock-closes-china-fund-after-lawmakers-probe/

 

[stanlawj]

Corruption = life in jail or death sentence.
Capitalism with Chinese characteristics!

https://edition.cnn.com/2023/09/13/business/china-life-wang-bin-sentence-intl-hnk/index.html
I believe, something similar in Singapore, but to save money, caning is preferred for young men!!

 

[thretiredDad]

In 2Q23, the vacancy rate of office buildings in #Beijing reached a new high of 18.3% in nearly 13 years. Particularly in Zhongguancun, where internet giants are based, the vacancy rate of Grade A office buildings jumped from 2% at the end of 2020 to 18.1%.
Source: Savills #China

 

[thretiredDad]

Han Zheng met Blinken in New York and told Blinken that China wants ties with the US on a stable track.-Xinhua

 

[pcuser123]

China LGFV Bond Sales Boom Again as Beijing Steps Up Support​

• August local bond issuance surged to third biggest on record
• Dominance of short tenors shows caution over long-term outlook

By Bloomberg News
September 20, 2023 at 7:00 AM GMT+8



China’s local government financing vehicles are staging a comeback in credit markets, with a surge in yuan bond sales as Beijing intensifies efforts to defuse risks from the debt-laden group of borrowers.

Domestic bond issuance by LGFVs, which are typically tasked to build infrastructure projects, reached nearly 620 billion yuan ($85 billion) in August, an almost 50% jump from July and the third-highest monthly tally on record, Bloomberg-compiled data show.

https://www.bloomberg.com/news/arti...n-bond-sales-boom-as-policy-help-gathers-pace

 

[pcuser123]

融创依据美国《破产法》申请破产保护​

https://www.zaobao.com.sg/realtime/china/story20230919-1434847

 

[thretiredDad]

There is still ample room for China to introduce monetary policies to deal with unexpected challenges and changes, said Zou Lan, head of the monetary policy
department of the PBOC.

 

[stanlawj]

Volume contraction in a full-on bearish environment marks the ending of a sell-off phase (but I am not saying this is the final sell-off).

Chinese A-shares' daily trading turnover contracted by 61.7 bn yuan to reach 573.3 bn yuan on Wed, marking a new low this year.

https://x.com/YuanTalks/status/1704419738242470377?s=20

 

[pcuser123]

BlackRock’s Investment Institute downgraded Chinese stocks to neutral from overweight, citing concerns over the nation’s property sector and the limited boost from stimulus.

“Growth has slowed. Policy stimulus is not as large as in the past,” strategists including Jean Boivin wrote in a report Monday. “Structural challenges imply deteriorating long-term growth. Geopolitical risks persist.”



Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst

https://www.scmp.com/business/marke...-amid-property-slump-and-stimulus-policy-limp

 

[pcuser123]

https://my.tradingview.com/news/mtn...ing-losses-to-hong-kong-stocks-nio-slumps-11/

 

[peterchan75]

https://www.scmp.com/business/marke...-amid-property-slump-and-stimulus-policy-limp

If decision is deferred until now, it's all too late. Starting with Evergrande, one by one is filling for Chapter 11 in the US. China will start arresting company directors for corruption or mismanagement. China has probably realized it's beyond rescue physically. Those stalled projects have already rotten and need to be demolished.

 

[thretiredDad]

Hedge funds boosted their bearish bets on Chinese and Hong Kong stocks. Short interest has increased this month pretty much across sectors, according to data compiled by Morgan Stanley. Among the prominent names, the pickup in short interest in PDD, an e-commerce company, stood out. Outflows from active long-only managers also continued, strategists including Gilbert Wong wrote in a report.

go go go
short more please

 

[stanlawj]

Hedge funds boosted their bearish bets on Chinese and Hong Kong stocks. Short interest has increased this month pretty much across sectors, according to data compiled by Morgan Stanley. Among the prominent names, the pickup in short interest in PDD, an e-commerce company, stood out. Outflows from active long-only managers also continued, strategists including Gilbert Wong wrote in a report.

go go go
short more please

Got any crystal ball about the future? What is going to happen to China in 1st half of 2024?