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Cycle Trading: The Chinese stock market has experienced an epic surge since the "924" new policy, with mid-term reversal signs becoming a mystery

Cycle Trading: The Chinese stock market has experienced an epic surge since the "924" new policy, with mid-term reversal signs becoming a mystery

Bitget2024/10/10 03:00

According to Circle Trading on its Medium, since the introduction of the "924" new policy, China's stock market has experienced an epic surge. The policies of the three financial ministries and the Central Politburo meeting have boosted market sentiment beyond expectations, leading to a strong rebound in A-shares and Hong Kong stocks, outperforming global markets. However, after National Day, the market declined and investors are uncertain whether this is a sign of hitting bottom or just a flash in the pan. The market will continue to focus on domestic economic fundamentals, policy trends and overall stock market valuations as key indicators for future market trends.

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