Friday, September 27, 2024

Is This the Turning Point for Tencent & Alibaba? China’s New Stimulus Explained!

 

In this video, I break down the latest news on China's broad rate cuts and stimulus measures and what it means for Tencent (0700.HK) and Alibaba (BABA) stocks.

 

After years of underperformance and selling pressure, could this be the reversal we've been waiting for?

 

China has just announced major stimulus initiatives, including a 50 basis point cut to the Reserve Requirement Ratio (RRR) and a 0.2% rate cut to the seven-day reverse repo rate.

 

These moves are designed to inject 1 trillion yuan into the economy and revive the housing market—key indicators for economic recovery.

 

I'll explain how this stimulus impacts the stock market and why we're seeing early signs of strength in Chinese tech giants like Tencent and Alibaba.

 

>>> https://youtu.be/v4vMrRTBEZg

 

In this video, you'll discover:

 

  • Why China's rate cuts are a potential game changer for the tech sector
  • Technical analysis on Tencent and Alibaba: Is the 3-year sell-off finally over?
  • Key chart levels you need to watch for potential breakouts or reversals
  • The impact of China's new lending measures on the broader stock market
  • My expert price predictions and insights on what could happen next
  • If you're looking to invest in Chinese tech stocks or you're a trader seeking to capitalize on this potential turning point, this video will give you a comprehensive analysis and trading strategy!
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Watch here >> https://youtu.be/v4vMrRTBEZg

 

 

 

 

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