China markets open sharply higher, extending stimulus rally after weeklong break

    https://www.cnbc.com/2024/10/08/asia-markets.html

    Posted by HenriHopper

    34 Comments

    1. Pale_Yoghurt_9549 on

      Are they looking at the same robinhood app that I’m looking at? Shits fucked

    2. lol we getting cooked boys let’s hope for good stimulus news. Edit: nah we are extra cooked lol no extra stimulus.

    3. $BABA looks like it’s trying drill through the earths core to reach the bottom of my portfolio.

    4. Mainland market and hong Kong market are different with different chinese companies. Local chinese investors are probably selling their hong Kong shares, which were open last week during the holidays, and now loading them into the mainland stocks.

      Either way, rising tide raises all boats, so if policy guidance from ccp remains the same, everything will rally.

    5. My JD calls are fucked ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|52627)

    6. big_red_couch on

      China forgot to mention that their stimulus plan was going to be funded by this pump and dump ![img](emote|t5_2th52|4271)

    7. Shanghai Index is up 4.62% and the Shenzhen Index is up 5.63%. Look how many people in these comments somehow lost money. Stop. Investing. In. China. You don’t even own the stocks.

    8. It’s still a fuckton of money going into the markets. Give it a few days and it should be up

    9. Fromthefuture9 on

      Everyone panicking because of a 3-5% dip after 50-100% gains. Y’all know the stimulus will play out over a longer term and we will be going up still, right?

    10. Narrow_Company_1601 on

      ![img](emote|t5_2th52|4259)![img](emote|t5_2th52|4260)![img](emote|t5_2th52|4267)

    11. No point of losing sleep over it tonight. I’ll lose my shit tomorrow instead if these stocks open red in the US tomorrow morning 🙂

    12. Have yinn put options(55p weeklys)that I bought right before market close today? Do I sell them at open tomorrow or hold onto them?

    13. You cannot buy china stocks with us dollar, whatever you can buy with us dollars are not china stocks

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