Pembelian

CSI300 waiting for bullets from Central Banks to the upside

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The monetary policy in China has been tightened since July this year. We could spot the DR007 to identify that the cost of fund have been risen since then. It directly resulted in the range bound movement of the stock index. I've marked the key zones on the chart in the yellow color. Traditionally, Q1 will be green due to the loose policy.

I will pay close attention to the market.

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