Chinese equities continue to look more pensive this week ...Middle East

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If anything, the chart shows that the mood music is more pensive as investors are likely waiting on more action by Beijing. That especially a follow through on the fiscal side of things. The CSI 300 index is up 0.5% today but it's not really noticeable from the charts.It seems to be that investors are still hanging on to the leftover enthusiasm from before the Golden Week holiday. It's a good first step in trying to convince of a turnaround in sentiment. The surge higher shows much appetite and money waiting on the sidelines to bet on a China recovery.The fear is that Chinese officials might leave this sort of mood hanging for too long, again. This article was written by Jus

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Last updated : 22 October 2024 clock 07:44 AM

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Chinese equities continue to look more pensive this week ...Middle East

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