27-12-2021, 08:45 AM
(27-12-2021, 08:06 AM)sgbuffett Wrote: I woke up to see early quotes on CFD platforms....it's all flat from Christmas Eve.
I find it strange as the Chinese regulator released a draft regulation that acutg clarify their stance on VIE exempting those already listed.
I would think this will release some cheer to the battered markets.
Did the CFD neglect to factor this? We will see later
This news will likely cheer market but importantly is is there is favorable entry pt. If it cheong up less invective to chase. If it doesn’t, is there underlying neg news or simply short term overhanging that needs to be cleared. If it’s the latter then there is favorable entry pt.