In today’s briefing:
- HK/CHINA: Market Pullback and Investors’ Cognitive Dissonance
- China Consolidates On Tires With Domestic, Outside Forays
HK/CHINA: Market Pullback and Investors’ Cognitive Dissonance
- The investment community’s response to the historic rallies in HK and China markets over the last couple of weeks unsurprisingly continues to be pessimistic.
- China’s objective of changing market sentiment is beginning to bear fruit as mainland investors open stock accounts at a record pace. Household wealth has increased by 20T yuan last month.
- Technical market indicators point to continued high volatility during this leg of the secular bull market.
China Consolidates On Tires With Domestic, Outside Forays
- Huaqing Petroleum to set up plant worth US$1.39 billion in Hunan
- Linglong commences serial production at its Serbia plant
- ZC Rubber Group cements network for supply to Nordic countries
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
