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News
CITIC Construction Investment: Hold on to the bargaining chip and welcome the market
The Zhitong Finance App learned that CITIC Construction Investment released a research report saying that the initial policy has been gradually recognized by the market. The economic data for August have improved month-on-month. Recently, Sino-US relations have warmed up, and the market bottom signal is strong. It is advisable to firmly hold on to the bargaining chip and welcome a new round of market conditions.
Evaluation of A-shares: The Shanghai Index fell below 3,100 points, the Shenzhen Stock Exchange Index and the GEM Index both hit new lows, and nearly 4,000 shares fell in the two markets
The main A-share index fluctuated and declined in the afternoon. The Shanghai Index closed down 0.77% to 3084 points; the Shenzhen Stock Exchange Index closed down 0.9% to 9981 points, a new low since April 2020; and the GEM index closed down 0.99% to 1967 points, continuing to hit a new low in three and a half years. Nearly 4,000 shares in the two markets fell, with full-day transactions of 579 billion yuan, and net sales of Beishang Capital of 4.33 billion yuan. On the market, the Starflash concept continued to rise, with Lierda rising nearly 15%; the 5G and 6G concepts rose and stopped throughout the day; many stocks such as Huamai Technology rose and stopped; the Beidou navigation sector strengthened, and Huali Chuangtong rose more than 15%; the shipping port sector boosted, and HNA Technology rose
Here's the Inflation Breakdown for August, in One Chart
Food costs were up 4.3% compared with one year ago, down from 4.9% compared to last month.
Comments
New energy-related stocks are among the best performers.
$SSE Composite Index(800146.HK$$CSI 300 Index(800122.HK$$SSE Composite Index(000001.SH$$CSI 300 Index(000300.SH$$Chinext Price Index(399006.SZ$$Shenzhen Component Index(399001.SZ$$Petrochina(601857.SH$

Bullish on China and SREIT Funds for 2023
As interest rate rises, REITs share price had been falling as it has an inverse correlation. Since interest rate is almost at its peak (fed probably will raise it a few more times), it probably is a good time to start looking at REITs in pr...



IT MOVED
$iShares MSCI Saudi Arabia Capped ETF(KSA.US$$HSI Futures(SEP3)(HSImain.HK$$MHI Futures(SEP3)(MHImain.HK$$HTI Futures(SEP3)(HTImain.HK$$VIX Index Futures(OCT3)(VXmain.US$$S&P/ASX 200(.XJO.AU$$S&P/ASX 100(.XTO.AU$$S&P/ASX 50(.XFL.AU$$Hang Seng Index(800000.HK$$Hang Seng TECH Index(800700.HK$$Hang Seng China Enterprises Index(800100.HK$$SSE Composite Index(000001.SH$$Shenzhen Component Index(399001.SZ$$Chinext Price Index(399006.SZ$$CSI 300 Index(399300.SZ$$SZSE SME 100 Index(399005.SZ$$SSE 50 Index(000016.SH$
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