Xiaomi shows some signs of reverse / end of correction / around listing price. However locally Xiaomi is on the downtrend side.
Reasons to be bullish include an expected surge in revenue and earnings, driven by Xiaomi’s focus on Internet services and its increasing share of the hardware market in China, according to notes seen by Bloomberg. In a 63-page note to...
My custom China/Asia index shows, very clearly, the support near 7200 is critical at this time. The continued weakness originating out of China and the efforts to contain the current rout as well as contain an economic crisis are clearly generating concern throughout the globe. China has it's fingers in many other global nations. A collapse in China would...
China SH composite is approaching 2016 low at 2638.
Adding the background the BOC raised the forward reserve requirement for foreign exchange and RMB surged.
If look at the down side, 70 pips to drop/-2.5%, will possibly see a resistance showed at the 2016 retracement low @ 2638.
Personally also considered it as the psychological support of investors.
Hope the...
All explained in detail on the graph but the simplification of the economic dynamic:
Major world market index over the last 12 Months have been highly correlated with BTC (exceptions do take place).
On Friday the 3rd August 2018 Chinese stocks ceded their ranking as the second-largest equity market in the world amid an elevation in trade tensions after the...
All explained in detail on this graph:
But the simplification of a complex economic dynamic:
Certain major world market index over the last 12 months highly correlated with with regional digital assets.
Overnight, Chinese stocks ceded their ranking as the second-largest equity market in the world amid an elevation in trade tensions after the Trump...
Looking at the long-term trend, the Chinese A-shares are trading within a pretty well defined range since the mid 1990's. This includes two meteroic bubbles that have risen as quickly as they've crashed. Despite these bubbles forming, they haven't caused any massive damage to the Chinese economy such as what we saw when other large bubbles broke down (such as...
Long the Chinese Large Cap stocks with this ETF. Product is super volatile do your dd on investing in International Markets. With the weakness of the yuan against the US dollar, equities should be a good buying opportunity..buying the next day after this reversal could be a chance of collecting the move up to in the air pockets above.
the Chinees markets took a step back cause of trumps extra tarrifs on chinees products. in the coming week the chinees president is going to meet up with Kim Jung Un that should be good news!! also the RSI on the 4 hour charts is real low and is starting a rebound.
good luck!!
The fundamentals:
YY is a Chinese company with a popular streaming platform. Below is the summary of their latest earnings report:
YY reported revenue of $518 million, beating analyst estimates for $487.8 million and up 43% in local currency. It reported adjusted earnings of $1.72 per share, beating Wall Street's view of $1.52
With social platforms, it is...
There is a channel on day chart
Beware the bearish shooting star which appear just at top of channel
It's a reali bad news for me if the candle stick keeps that long and red...
Short target is the red resistance line/ double bottom/ bottom line of the channel
