$BABA-W(09988)$ $PING AN(02318)$ If you see a graph with a quick dip in the opening and an equally speedy bounce back, it might be time to sell! The People's Bank of China (PBOC) announced on its website on the 10th that, given the recent persistent undersupply in the government bond market, it has decided to suspend open market government bond purchase operations starting January 2025. The resumption of these operations will depend on the supply and demand dynamics of the government bond market. The suspension of open market government bond purchases by the People's Bank of China (PBOC) could lead to higher bond yields, which in turn
Tencent Rebounds: Did You Catch the Bottom?
On January 6, the U.S. Department of Defense added Tencent, CATL, and several other Chinese tech companies to the 1260H list (CMC list). Tencent's stock dropped 10% in the last two trading days. However, supported by the company's stock repurchase, Tencent rebounds 2% today. -------------- Is it a buy under HKD 400? Did you catch the bottom?
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