Chinese stocks stay hot ahead of the holiday break ...Middle East

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Chinese stocks stay hot ahead of the holiday break
???? Chinese stocks are sizzling and it has been a while since we've seen such an upturn in sentiment in the region. After the over 15% gains last week, the CSI 300 index is up over 6% now at the lunch break. As seen with the chart above, the run higher already broke the downtrend since 2022 but it has also run back above its 100-week moving average (red line) now.From last week: Is this the real turning point for Chinese equities?The mood music at the moment is extremely positive but do be mindful that all of this is coming ahead of the National Day celebrations. That will see Chinese markets observe a one week break, starting from tomorrow. Domestic markets will only resume trading again on 8

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