Asian Private Banker’s Post

Focusing on #China flows at the end of the week. Chinese #stock funds saw the largest weekly outflow since October, even as the government seeks to stem a decline in the #equitymarket, according to Bank of America Corp. strategists.

𝘾𝙝𝙞𝙣𝙖 𝙎𝙩𝙤𝙘𝙠𝙨 𝙅𝙪𝙢𝙥 𝙖𝙨 𝙋𝘽𝙊𝘾 𝙋𝙡𝙖𝙣𝙨 $139𝘽𝙉 𝘾𝙪𝙩 𝙩𝙤 𝘽𝙖𝙣𝙠 𝙍𝙚𝙨𝙚𝙧𝙫𝙚𝙨 🏦People's Bank of China plans to cut banks' reserve requirement ratio by 0.5%. 📈Move aimed at shoring up the economy and halting a $6 trillion market rout. 🥈Shanghai Composite, Hang Seng Index grow for two consecutive days. 🚧Experts say more policies needed to address structural issues. Read more 👉 https://lnkd.in/d5GReqyw #PBOC #HangSeng #marketwatch #equity #chinesestocks #stockprice #stockmarket #marketscom

*CorpCare Daily Market Wrapup - 21 Oct 2024* >Indian equities ended higher on Friday led by gains in banking and metal stocks amid optimism over positive earnings results and slightly better-than-expected growth in China’s third-quarter gross domestic product. >The yield of the new 10-year benchmark 07.10% 2034 paper closed higher at 6.82% on Friday compared to 6.78% on Thursday. >The rupee changed a little against the US dollar on Friday, tracking the weakness in the domestic market and rise in crude oil prices. #investments #portfoliomanagement #investing #wealthmanagement #capitalmarkets

China equity market experienced sharp rebound last week, as the PBOC (central bank) and government released surprising stimulus package to support property and stock market. The CSI300 index jumped 15.7% for the week (23 Sep to 27 Sep 2024), and the total A-share trading volume more than tripled comparing to the week before. The current PE valuations are still between the bottom 25% to 50% percentile of ten-year historical data excepting large growth stock, which valuation is between 50% to top 25% percentile. #investing #ChinaAshares #ChinaSmallCaps #ChinaGrowthStocks #ChinaValueStocks  

Borsa Istanbul resumes trading after suspension due to external markets fluctuations Earlier, the Turkish Statistical Institute announced inflation data for July on Monday ISTANBUL, August 5/ Borsa Istanbul Stock Exchange resumed trading after it was suspended due to a sharp drop in the BIST-100 stock index by 6.72$ due to fluctuations in global markets, in particular Japan, South Korea, and the United States, Haber Global TV channel reported. According to the rules of the exchange, trading is to be suspended if the BIST-100 index drops sharply by 5-7$, which usually happens due to external factors. Earlier, the Turkish Statistical Institute announced inflation data for July on Monday. It fell by almost 10% from 71.60% to 61.78%. Analysts expected the inflation rate to be 62.2% at the end of July, CNN Turk reported. #business #finance #financialservices

Will investors sustain sell pressure on Nigerian stocks? Data from the Nigerian exchange shows that continued profit-taking activities by investors on Tier-1 Banking stocks drove the banking index down 13.5 per cent month to date. Will the sentiments persist this week? Chinazom Izuora speaks with CNBC Africa to review the Nigerian equities market. Catch the full interview via the link below https://lnkd.in/dZkP7T5b #ParthianSecurities #CNBC

Asian stocks rallied on Wednesday following China’s announcement of a broad monetary stimulus package aimed at boosting the economy and restoring market confidence. The People’s Bank of China (PBOC) cut its one-year medium-term lending facility rate by 30 basis points to 2%. A day earlier, the PBOC’s Governor outlined plans to lower the reserve requirement ratio by 50 basis points by year-end and reduce key lending rates. This overhaul of its policy framework aims to more effectively influence market borrowing costs and align with global practices. Read what else happened in the markets yesterday: https://lnkd.in/dc-MUz7Z

The #Chinese stock market 🇨🇳 has made a sturdy comeback since the middle of April, despite the fact that market worries have persisted. To me, the China Securities Regulatory Commission's (CSRC) 🏛 announcement of #NineGuidelines for the next decade represented a significant development. If the first decade, 2000-2010, was to '#openess' and the second decade was to '#develop', this decade would be a '#quality control'. I break down the emerging prospects and characteristics of Chinese stocks for investors.

Australia's S&P/ASX 200 index concluded with a 0.39% decline as the stock market closed, reflecting a day of mixed trading sentiments. Investors navigated through various factors influencing the market, including global economic uncertainties, geopolitical tensions, and fluctuating commodity prices. The slight downturn in the index highlights the challenges and cautious approach among traders, emphasizing the importance of monitoring external factors impacting Australia's financial landscape. JKV Global Markets Ltd www.Jkvglobal.com #jkvglobal #forextrading #tradingcompany #forex #forextrader #forextrading #forexsignals #forexlifestyle #forexlife #forexmarket #forexsignal #forextrade #tradeforex #forexprofit #forexmoney #forexeducation #forexsignalservice #india #uae #forexnews

China's recent economic stimulus measures have sparked a surge in investor interest, with three ETFs - iShares China Large-Cap ETF (FXI), KraneShares CSI China Internet ETF (KWEB), and Direxion Daily FTSE China Bull 3X Shares ETF (YINN) - emerging as popular options for investors seeking exposure to the Chinese market.