$Hang Seng Index (800000.HK)$
China recently unveiled its biggest economic stimulus package in years, with stocks around the world rallying in response.
In a webinar at 6pm AEDT on Thursday, October 10, moomoo Australia market strategist Michael McCarthy will discuss the rally in markets, how long it will last and the Hong Kong stocks and sectors to watch, followed by a Q&A session.
Click the 'Book' button above to be notified when the webinar begin...

$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ Comments should still coexist harmoniously. I bought nvidia for the first time four years ago at 296 yuan, buying one hundred and fifty shares. Sold it for 280 yuan the next year. Then bought uvxy and made money 💰. Profit was 40% that year, but a year later, losses reached 150%. Painful (⊙o⊙). Last year, adjusted to buy soxL when it went up, bought soxs when it went down. The rhythm was more accurate. Completely recovered losses and started making money in September. Have already earned 20% profit until now. Currently, 70% of the position is YINN, with a cost price of forty-five. Planning to take profits and observe around sixty. A bit of experience and lessons learned. In a word, follow the trend.

The State Council Information Office of People's Republic of China will hold a press conference at 10:00 PM ET, October 7 / 10:00 AM SGT, October 8 / 12:00 PM AEST, October 8, on the topic of systematically implementing a package of incremental policies to solidly promote economic growth, structural optimization and sustained momentum of development.
$Hang Seng Index (800000.HK)$ $Hang Seng China Enterprises Index (800100.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng China Affiliated Corporations Index (800151.HK)$ $SSE Composite Index (000001.SH)$ $Shenzhen Component Index (399001.SZ)$ $Chinext Price Index (399006.SZ)$ $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ $NASDAQ Golden Dragon China (.HXC.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $China Concept Stocks (LIST2517.US)$
...

Buffett sells 0.338 billion dollars of Bank of America stocks
(New York, 3rd) Stock guru Warren Buffett's Berkshire Hathaway continues to reduce holdings in Bank of America $Bank of America (BAC.US)$The speed of stock decrease for the third consecutive wave, and the selling price has also dropped to the lowest level since the significant shareholding reduction starting in mid-July.
Currently, Berkshire's stake in Bank of America has dropped to 10.2%.
According to the data reported on Wednesday, Berkshire Hathaway sold $0.338 billion worth of Bank of America stocks this week, with an average shareholding price of $39.4 per share on Tuesday and Wednesday. This is the 13th round of shareholding reduction by Berkshire Hathaway. In the past few months, each round (usually lasting three days) has an average scale of around $0.75 billion.
Warren Buffett, 94 years old this year, did not explain why he reduced his Bank of America shares. Berkshire Hathaway is still the largest shareholder of Bank of America, holding 10.2% of the shares, valued at over $31 billion.
However, once Berkshire Hathaway's stake in Bank of America falls below the 10% threshold, no further reports need to be submitted to the U.S. Securities and Exchange Commission (SEC) for any shareholding changes.
Since Berkshire Hathaway started selling Bank of America stocks in July, Bank of America's stock price has dropped by about 10% and has since lagged behind some peers in the industry.
News Source: World News Net; Data Compilation: Nanyang Business Report
Disclaimer: This content is for reference and educational purposes only, and does not constitute any specific investment or investment...

Since late September, a series of favorable economic policies from the Chinese government have propelled related markets upward.
The $Hang Seng Index (800000.HK)$ has rose 10.2% this week, hitting a two-and-a-half-year high, while the $NASDAQ Golden Dragon China (.HXC.US)$ climbed 11.85%.
Many analysts believe that the Chinese market still holds significant upside potential, with Chinese concept stocks, Hong Kong Stocks, and China A-s...

$Hang Seng Index (800000.HK)$   $Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$
The reason for the stock market's rise this time is the practice of converting equity into bonds, which is the first time in the history of human finance. Objectively reducing the number of stocks, similar to the concept of companies repurchasing stocks to raise stock prices, but in reality, the companies did not spend money to repurchase, instead they used stocks as collateral, leveraging commercial banks to handle the bonds, and the banks did not actually withhold money or bear risks because the bonds were issued by the central bank.
This perfectly solves the problem that the central bank issues bonds to inject liquidity into the market but cannot directly give money to companies. It also solves the problem that companies want to repurchase stocks to increase stock value but do not have the funds. By leveraging the entire stock market with minimal cost (500 billion yuan in national bonds) without violating financial rules.
If commercial banks hold onto stocks and do not release them, the number of stocks in the stock market will not increase, and appreciation is inevitable, rather than undergoing large-scale devaluation. Since Chinese commercial banks are state-owned, they can hold onto stocks without any cost.
This approach is the first of its kind for mankind, aimed at increasing the value of stocks that have lost value due to the sluggish stock market. The premise is that objectively, the A-share market in China is sluggish due to psychological factors, rather than a lack of actual economic investment, as the Chinese social savings amounts...

Recently, Chinese assets have demonstrated remarkable growth, emerging as a formidable force in global financial markets.
As investors around the world eye opportunities in China’s booming industries, Malaysian investors have also shown increasing interest in Chinese stocks such as: $Futu Holdings Ltd (FUTU.US)$, $PDD Holdings (PDD.US)$, and $NIO Inc (NIO.US)$.
This raises a critical question: should investors chase this mar...