bullish

Building a Capital Market with Chinese Characteristics

117 Views24 Oct 2024 19:38
Syndicated
SUMMARY
  • In our October monthly we noted that we didn’t trust the spike in the Chinese stock markets and that, while we believed that there may now be a long term base forming, we saw this as a potential dip to be bought rather than a rally to be chased.

  • So with a near perfect 50% Fibonacci retracement of the rally, should we be buying?

  • Well - and with the all important caveat that this is not to be considered investment advice, please speak to a financial advisor - the answer is, to quote Oasis, Definitely Maybe.

Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Logo
Mark Tinker
Founder
Market Thinker
Multi-AssetCross Asset Strategy
  • Loading...
x