$HSI(HSI)$ HSI 20K is the key

2024-12-13

$HSI(HSI)$ HSI 20K is the key support and confidence level and must hold till year end ❤️ next lower level is 19K and if it broke confidence goes away hedge funds may whack it further lower to 18K...all the best to HSI

New Liquidity? Are You Bullish on China Stock Rally During CNY?

At today’s meeting, China announced a new policy stating large state-owned insurance companies are required to allocate 30% of their new premiums each year to A-share investments starting in 2025. Historically, Hong Kong and A-shares tend to perform well in January, during the Chinese New Year period. ------------------- Does this signify new liquidity for the stock market? Is it a positive signal or not? Should investors hold on for more gains or take profits now? Which Chinese stock are you most optimistic about?

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