Commentary

Index Pulled Up Strongly on Friday

CSI300 dropped 0.2% The CSI 300 fell 0.2% this week on volume above the average and higher than the last week. The market condition was Downtrend. This week’s index pulled up strongly on Friday, reaching the 21DMA and volume zoomed significantly. Support is at Thursday’s low of 3277.7. Resistance is

The Market Continued Its Upward Momentum, Achieving a Fourth Consecutive Weekly Gain

Hang Seng raised 2.1% This week, the Hang Seng Index rose by 2.1%, and the Hang Seng Tech Index increased by 2.6%. The market continued its upward momentum, achieving a fourth consecutive weekly gain. In terms of news, last Friday, Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole

The Hang Seng Index Continued Its Rebound from the Previous Two Weeks

Hang Seng raised 1.0% This week, the Hang Seng Index rose by 1.0%, while the Hang Seng Tech Index increased by 0.3%. Overall, the Hang Seng Index continued its rebound from the previous two weeks. The rise was attributed to several factors: first, some companies reported earnings exceeding market expectations,

Northbound Inflow/Outflow Is Hidden

CSI300 dropped 0.6% The CSI 300 fell 0.6% this week on volume below the average but higher than the last week. The market condition was Rally Attempt. The index has continued to fall this week, and has been close to the previous low of 3,298. If it falls below the

Market Sentiment Improved As Multiple Favorable Developments Were Gradually Released Throughout the Week

Hang Seng raised 2.0% This week, the Hang Seng Index rose by 2.0%, and the Hang Seng Tech Index increased by 0.7%. Despite no significant positive news over the weekend, market sentiment improved as multiple favorable developments were gradually released throughout the week. Domestically, July’s financial data showed signs of

U.S. Inflation Has Cooled

CSI300 gained 0.4% The CSI 300 rose 0.4% this week on volume below the average and lower than the last week. The market condition was Downtrend. The index recovered slightly this week but remained below all key moving averages. The turnover in Shanghai and Shenzhen exchanges was below RMB500 billion