Market Review and Trends
Has China Stocks Bottomed?
By Investmoolah  •  January 25, 2024
Measures have been announced that China has decided to reduce its reserve ratio rate to boost liquidity of its monetary system Is it Over? Optimism has come in with a slight boost in share prices of Chinese companies. However, I would caveat against being too optimistic if it is a turnaround Poor Government and Civil Service Messaging One would remember back in Oct 2022 after President Xi's cabinet reshuffle investors were spooked due to the installing of his yes men; the president and cabinet shortly came out to reassure investors that business regulations will be lessened in an attempt to stabilise the market. 1 year on, the Chinese government and Civil service went on another wave of technology company reform and of course the worsening of the real estate market. We are now back to the lows of October 2022. The Chinese Civil Service has been incoherent in the messaging it wishes to send to investors....
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By Investmoolah
A total otaku who loves anime, investing and the occasional K-drama. My financial journey begun at the age of 22 and has revolved around the concepts of "Working Hard", "Saving Well" and "Investing Wisely". Through my journey, I have realized that financial literacy is something we have learnt little during our school days but is one of the most useful and relevant skill that we have to be equipped to take on the real world. Concepts such as compounding and "common sense investing" are skills that will place us ahead of the race to retirement ...
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