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CIC, China’s sovereign fund and one of the world’s largest, issued a statement pronouncing the value now in the Chinese market, and stated that it had started buying. This is consistent with our observation in our note this morning about the national team buying in the first

Trump is throwing tantrum like a big baby because China ignores his demand to talk. Who would talk to a Diva who is throwing a hissy fit? Chinese markets remain resilient, and this is China’s physical gold market back flourishing —— the U.S. Dollar losing its appeal quickly.

Chinese markets staging a V-shaped rebound, as the authority readying a policy bazooka. The Hang Seng Tech plunged 6% at open, but now up 2%. $FXI $KWEB $CWEB $PGJ $BABA $PDD $BIDU $EWH $ASHR $YINN $YANG Trolls are just too dumb to look at the prices.😂

Lots of buzz about China selling US treasury, and the single-say spike in U.S. yield is the fastest since 2000. It makes perfect sense for China to sell treasury. If there is not trade, then the dollar from exporting wouldn’t have to be recycled back to US treasury. If there is

Last week, HK stocks saw an important low, but tariffs will continue to roil the market. China can hit back with non-tariff measures, such as cutting U.S. treasury holdings. Expect growth to be hit hard this yr, policy response must be strong and decisive. bloomberg.com/news/videos/20…

A robot just ran by doing its morning-run ..

Not true. It is tricky to convert RMB to USD domestically due to quota control. Gold is gold, and now with USD depreciation, gold is even better.

This is what's going on in a restaurant in China.

On Buddha’s Birthday, Chinese Yuan and the Taiwan Dollar appreciating strongly. Trade talk seems to be going somewhere.And for two days in a roll, the HKMA had to sell the USD to rein in the HKD’s strength. $BABA $PDD $FXI $KWEB $EWH $PGJ $ASHR $CNH

The PBOC, NFRA and CSRC will hold a joint press con at 9am pre-market regarding “a basket of polices to stabilize market expectations”. To hold a press con before market opens shows confidence, and at this stage the market expects nothing but good news, but it’s not yet certain

China agrees to engage with the U.S.. High level economic and trade talks are coming.

In the past week, what’s been capturing Chinese netizens’ attention hasn’t been the “Trade War”. It’s been the conflict between India and Pakistan, and how Chinese-made fighter jets J10 bulldozed the French Rafales .. This is a picture of Chinese engineers who developed the

China and the U.S. announce significant tariff reduction for 90 days. The Hang Seng and HSTech are soaring. An offbeat indicator also suggests improving bilateral relationship between the two powers: the CCTV6 movie channel, one of the Chinese gov official channels, is airing

这种垃圾广告一眼假。实在看不下去了，文笔好一点可能就忍了。没文化真可怕。

HK monetary base surging. Huge liquidity flooding into the HK market. $FXI $KWEB $PGJ $ASHR $CNH $BABA $PDD $CNH