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dchua1969
Jan 10, 2024 6:40 AM

Are we nearing the bottom yet ? 

CSI 300 IndexSSE

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The more negative news we received about China, the more people want to know about it. From the property slump, weak demand, subdue consumer confidence to ever changing government policies, all eyes are peeling onto China and awaits eagerly for a plethora of good news to come out from the Chinese Government.

The top 300 companies in China , reflected in CSI300 Index shows we are almost near the bottom, revisiting the low of 2019. Some say there will not be a bazooka like stimulus but knowing China, they can offer surprises overnight so I am hanging on to some paper losses and awaiting good news from them as well.

Sit tight, the light is at the end of the tunnel (aka a very long tunnel)............
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