Did Nationwide Group infiltrate the mainland market? Kweicho Moutai reverses intra-past

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Asian equities were mixed on small data and bullish volumes overnight following Friday’s top volume FTSE rebalancing and triple witching. The Philippines had performed better than China, Taiwan and Korea.

Friday’s selloff at US generation and semiconductor stores weighed on generation shares domestically. Tech-heavy Taiwan fell -1.89%. Meanwhile, the Hold Seng Index closed unchanged above 18,000, with a late intraday rally curbing -1.33% intra-day losses. The Hold Seng technique reversed a loss of -2.21% to a corresponding decline of only -0.65%.

Nowadays, there used to be the first Internet promotion event in Hong Kong on behalf of Mainland investors using Southbound Keep Tie, later Internet purchases were made for 23 consecutive days. Mainland traders bought a net $271 million worth of Hong Kong-listed shares and ETFs, even though marketing was concentrated within Hong Kong tracker ETFs.

The most closely traded Hong Kong stocks by value included Tencent, which fell -0.26%, Meituan, which fell -0.69%, ICBC, which gained +0.88%, CNOOC, which fell -0.88%. , and Alibaba, who pulled a James Bond. With a gain of +0.07%. Many analysts have pointed out that the 618 e-commerce sales were not as dire as the headlines suggested. Heavy reductions may reduce the price of purchased products, even if I feel that the choice of purchased items is quite high. There was some discussion by the United States executive about possibly restricting US funding to China-based military manufacturing companies, although in reality there is nothing untested there.

Mainland China was extremely weak as the Shanghai Composite declined -1.17%, falling below the 3,000 level and the Shenzhen Detailed fell -2.29% as the market awaited policy announcements during the July 3rd Plenum. . The market movements nowadays should be a warning signal to policymakers as sentiment is clearly weak, with only 363 advancing shares against 4,661 declining shares.

While we don’t know for sure, there have been signs that Nationwide Group has been buying shares with its favorite ETF Optic Volume as recently as Friday. The ETF with ticker 510300, which is one of his favorites, recently had volume of 2 million shares, compared with Thursday’s 1-year average of 554,000. Volume for any other Mainland-listed ETF, ticker 510310, was 1.32 million versus Thursday’s 178,000 and the 1-year average of 629,000. 510050’s volume was recently 1.28 million, compared to Thursday’s 760,000 and the 1-year average of 931,000. Meanwhile, mega cap and huge index weight Kweichow Moutai, which hit a 52-week low on Friday, was down -3.87% intra-day, but closed at +0.38%. How do you deal with self-assurance emergencies? We are expecting an increase in group intervention nationwide as a potential form is drawn within the sand. Ultimately, there is a need for reforms and financial coverage amplification as a call to arms for survivors.

The Hold Seng and Hold Seng Tech indexes closed unchanged and -0.65% respectively, with volume down -25.26% from Friday, which is 94% of the 1-year mean. 113 shares compounded the decline with 345 shares falling. Major board trim yields declined -41.27% from Friday as 14% of yields were trim yields (Hong Kong trim yields include ETF trim volume, which is driven through market makers’ ETF hedging). The issue of value and large caps outweighed the spread and small caps. The top performing sectors were ConditionHelp, which gained +0.95%, Utilities, which gained +0.84%, and Financials, which gained +0.55%. Meanwhile, Generation fell -1.58%, Industrials fell -0.56%, and Conversation Services & Products fell -0.45%. The highest performing subsectors were Consumer Durables, Utilities and Banks. Meanwhile, semiconductors, technology hardware and household products were the worst performers. Southbound keep-tie volumes were bright as mainland investors bought a net $271 million of Hong Kong-listed stocks and ETFs, including Chian Building Locker (CCB) and ICBC, which were short net buyers. Meanwhile, the Hong Kong Tracker ETF had a tremendous Internet promotion.

Shanghai, Shenzhen, and Star Board fell -1.17%, -2.29%, and -2.54% respectively, with volume +12.53% higher than Friday, which is 83% of the 1-year mean. 363 shares declined to 4,661. The issue of huge cap and value does not boil down to the issue of every small cap and extension. Utilities and Shopper Staples each gained +1.13% and +0.28% respectively, Age Real Assets fell -2.23%, Manufacturing fell -2.31%, and Conversation Services and Products fell -1.88%. The best performing subsectors were energy industry, liquor and banking. Meanwhile, bikes, business services and products, and web were the worst performers. Northbound keep tie volume was reasonable as international traders were small Internet dealers. Unlike the United States, CNY used to be closed. Both the copper and the metal were smoked.

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final night time efficiency

Final night time alternative rates, costs and yields

  • CNY is in line with USD 7.26 versus the previous day’s 7.26
  • CNY is in line with EUR 7.79 against EUR 7.77 the previous day
  • 1-Handover at 1.38%, compared to 1.40% the previous day
  • Handover on 10-Future Executive Bonds at 2.25% as against 2.26% previous day.
  • Handover of 2.35% on 10-Future China Building Locker Bond as against 2.36% previous day.
  • Copper price -1.50%
  • Metal Price -1.20%

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