Commentary

The Index Was Mixed This Week, With a Fierce Battle Between the Bulls And the Shorts

CSI300 dropped 1.0% The CSI 300 fell 1.0% this week on volume below the average but higher than the last week. The market condition was Downtrend. The index was mixed this week, with a fierce battle between the bulls and the shorts. Support is still at Feb 27th low of

This Week, the Hong Kong Stock Market Showed Strong Upward Momentum

Hang Seng raised 8.8% This week, the Hong Kong stock market showed strong upward momentum, with the Hang Seng Index closing higher for five consecutive trading days, recording a weekly gain of 8.8%. The last time we saw a rally like this was in the week of November 4, 2022,

Vacation Is Just Around the Corner

CSI300 gained 1.2% The CSI 300 rose 1.2% this week on volume above the average but lower than the last week. The market condition was Confirmed Uptrend. The index rebounded this week after falling to the 50DMA and remains blocked by the 200DMA. The key moving averages continue to converge.