[sgbuffett]

Sgbuffet.. china today report that it is relaxing capital control.. thus HSI chiong.. i think next weel HSI chiong also.
hope u are OK with yr trade..

GLTA

It is not market reform per se that is important but the signalling that Xi administration understand the importance of foreign funds and willing to let them have ownership of China company.

Friday was knee jerk but the Chinese economy remains weak. ..it will still yo yo up and down jn. Bottoming process.

Pros are waiting fke a break out from recent trading range fo enter..  

A sustainable rally is only possible when there are solutions for 2 problems ....1. Stabilisation of propeprty sector 2. Local govt debt problems. 

Xi can also help by maintain good relations with the west. Longer term if western owners want to sink the China economy they can do so as they control consumer demand.