CHINA 50 has given a breakdown of Descending Triangle pattern indicating negative trend in the index.

The price are trading below both the Fast (21) & Slow (50) indicating negative trend, wherelse both the 

EMA are trending negative indicate negative trend.

Momentum Indicator RSI(14) is  trading at 37 mark indicate negative trend.

DMI- trading above DMI+ indicate negative trend with ADX trading above DMI+ strengthning the move.

Hence as per above observation sell position can be created at cmp.

Descending Triangle

Lets go gold!

NFP day with Dow Jones

Gold still buys

GBPJPY topping out?

AUDUSD under selling pressure

Copper contrarian buying opportunity?

Sellers are going to be liquidated

Still bullish on Gold

Silver has provided some serious bearish breakouts on 4H

Descending trendline retest

AUDUSD needs retracement at 0.6515

Breakout buy and retest on EURJPY

No end to the GBPJPY bullish sign

The Double Bottom can trigger a bullish breakout

EURUSD buys from 1.0730

EURUSD buys, but stalled on a monday holiday

Heavy support at 1937

EURUSD double bottom

Still looming for EURUSD longs

US Dollar Uptrend Has Started, Is It Time to Short EURUSD?

Stop hunts on RIPPLE

Still bullish on ripple

Stacks on Ripply

Still short on Bitcoin

Shorting ETH at the resistance

Taking a long position even after a loss

Expecting another corrective bearish leg before upside

Inverse head and shoulders formed

Ethereum retest at 1813

Bearish on Bitcoin

Waiting on Chainlink

0.4475 is the buy region for Ripple

Hawkish continuation of trend after a pullback

GBPJPY buys from 171.40

Double top on GBPJPY?

Still hovering GBPJPY

Fall on gold can be considered as last leg of bearish correction

Looking at gold buys from 1940

Gold pounced from support

Major support levels tapping

Textbook breakout and retest on NASDAQ

EURUSD to fall below 4HEMA200

Double bottom on support on EURUSD

EURUSD buys from support

EURUSD has still hidden bearish cards on the line

USDCHF to complete its correction before next fall

AUDUSD flooring at the support level

GBPUSD longs from double bottom

Gold buys from 1971

USDCAD seems to be getting ready for bullish run

AUDUSD tapping the support once again

Short Term Buying on AUDUSD

Still believe for Gold to move up

Kiwi struggling for sustenance above the DEMA200

Chainlink at the support level of 6.45

Breakout sells on Dow Jones 30

Daily and weekly resistance on NASDAQ

Gold to complete higher degree correction

AUDUSD breakout buy

Uptrend gold tapping major support

CADJPY looking for a retest of the resistance

Intraday EURUSD setup

Does XRP's Strong Bids at 0.41 Enough to Re-test 0.47?

GBPJPY testing the support

Shorts from retracement level

Longs at 50% retracement

EURUSD has turned favors to bearish trend

GBPJPY wants to fly high

Shorting gold till 1980?

Slipping on GBPJPY?

USDCHF to stay bearish until the break of TL above

Trendline speaks of bearish sentiments prevailing on USDCAD

EURUSD taking advantage of 1.0800 support

GBPJPY can go for a bearish run below the SL

Bitcoin to extend its complex correction before bullish run

Bitcoin still bearish

Minor resistance shorts on CADJPY

Chainlink buys from 6.32

Bitcoin will be bullish after bearish correction

EURUSD took a bearish turn

EURUSD completing daily cycle bearish correction

EURUSD maintaining steady bullish stance above TL

EURUSD still buys

ETH/USD bearish until touchdown at DEMA200

Bulls on bitcoin have completely dominated

Bearish flag pattern breached on gold

Lets buy ETHEREUM at 61.8%

EURUSD to auction surprising gains depending on fundamentals

It looks like Cables will be extending its corrective tone

Shorts on AUDJPY till the trendline retest

EURJPY stacks on double bottom

Missed the initial push up

135.00 can act as a strong support for CPI release

2nd Move Down Fresh Lows Were Held Longs Recovered

AUDUSD still bearish below 0.6806 levels

Still waiting on gold sells

Loonie can find an escape for retesting DEMA200

NASDAQ at support of 13180

EURUSD waiting for NFP to move up?

In China the Shangai Composite Index went up by 25 points or 0.79 percent on Friday. The rise was driven by Qingdao Haier (6.01%), Poly Real Estate (6.01%) and China Grand Auto (5.83%). Biggest losses came from Crrc Corp (-2.91%), China Railway Cons (-2.76%) and China Railway (-2.48%).

The Shangai Composite Index increased 0.79%

The Shanghai Composite gained 0.5% to around 3,220 while the Shenzhen Component jumped 1.2% to 10,960 on Friday, rising for the second straight session and tracking global peers higher as sentiment improved after the US House of Representatives passed a bill to raise the debt ceiling. Domestically, hopes for further policy support also buoyed mainland stocks as mixed economic data in China pointed to an uneven post-pandemic recovery. Artificial intelligence-related and other technology stocks led the charge, with strong gains from iFLYTEK (2%), Kunlun Tech (4.6%), 360 Security Technology (2%), Zhejiang Century (2.2%) and Hengxin Shambala (11.9%). Other heavyweight firms also advanced, including Contemporary Amperex (2.1%), BlueFocus Intelligent (2%) and CSSC Science & Technology (3.2%).

China Stocks Gain on Upbeat Global Sentiment

Asian equity markets mostly rose on Thursday as risk sentiment improved after the US House of Representatives passed the bill to raise the US debt ceiling with broad bipartisan support. Investors also assessed a raft of manufacturing PMIs in Asia, headlined by a private survey showing Chinese manufacturing activity unexpectedly grew in May, in contrast to official data released just a day before. The S&P/ASX 200, Nikkei 225, Hang Seng and Shanghai Composite indexes advanced, while the Kospi Index declined.

Asian Stocks Mostly Advance

The Shanghai Composite rose 0.5% to around 3,220 while the Shenzhen Component gained 0.7% to 10,870 on Thursday, recouping losses from the previous session, with high-growth technology stocks leading the advance. Investors also cheered a private survey released Thursday showing Chinese manufacturing activity unexpectedly expanded in May, in contrast to official data on Wednesday which pointed to further deterioration in the manufacturing sector. Gains among technology firms were led by iFLYTEK (10%), Kunlun Tech (5.8%), Inspur Electronic (3.7%), Changsha Jingjia (15.1%) and 360 Security Technology (5.8%). Other index heavyweights also advanced, including Kweichow Moutai (1.1%), East Money Information (2.5%) and Contemporary Amperex (1.4%).

China Stocks Rise on Tech Boost

In China the Shangai Composite Index decreased 20 points or 0.61 percent on Wednesday. Losses were driven by Jiangsu Hengrui Me. (-5.59%), China International (-3.78%) and China Shenhua Engy (-3.46%). Biggest rises came from Shanghai Electric (6.46%), Sanan Optoelectron (6.44%) and Aisino Co.,. (3.44%).

The Shangai Composite Index decreased 0.61%

Asian equity markets fell on Wednesday as investors reacted to data showing Chinese manufacturing activity contracted further in May, while services activity growth slowed to a four-month low. Investors also cautiously awaited progress on the debt ceiling debate in Washington as some US lawmakers said they would oppose a deal to raise the debt limit. The Hang Seng Index tumbled 2%, leading Asia-Pacific markets lower and hitting its lowest levels in six months. The S&P/ASX 200, Nikkei 225 and Shanghai Composite indexes also declined.

Asian Stocks Fall Amid Weak Chinese Data

The Shanghai Composite fell 0.6% to around 3,200 while the Shenzhen Component dropped 0.8% to 10,780 on Wednesday, with both benchmarks sliding toward multi-month lows as weaker-than-expected Chinese economic data weighed on sentiment. Official data showed that Chinese manufacturing activity contracted further in May, while services activity growth slowed to a four-month low. This reinforces speculations that the People’s Bank of China could lower interest rates again amid an unstable post-pandemic economic recovery. Notable losses were seen from growth-oriented technology, new energy and consumer stocks including Kunlun Tech (-1.6%), Zhongji Innolight (-3.5%), Contemporary Amperex (-1.3%), Longi Green Energy (-1.8%), Kweichow Moutai (-1.8%) and Wuliangye Yibin (-2.4%).

China Stocks Fall on Disappointing Data

The Shanghai Composite rose 0.09% to close at 3,224 while the Shenzhen Component gained 0.44% to 10,870 on Tuesday, reversing losses from earlier in the session as investors look ahead to the latest purchasing managers’ index readings in China to gauge the health of the world’s second-largest economy. Markets have been weighing the prospect of further interest rate cuts from the People’s Bank of China this year as a series of economic releases pointed to a challenging recovery path for the country. High-growth technology stocks led the advance, with strong gains from Kunlun Tech (12.8%), Inspur Electronic (10%), Zhongji Innolight (12%), 360 Security Technology (6.6%) and Dawning Information Industry (7.8%).

China Stocks Gains Ahead of PMI Readings

The Shanghai Composite fell 0.2% to around 3,215 while the Shenzhen Component dropped 0.4% to 10,780 on Tuesday, extending recent weakness as investors cautiously awaited the latest purchasing managers’ index readings in China to gauge the health of the world’s second-largest economy. Markets have been weighing the prospect of interest rate cuts from the People’s Bank of China this year as a series of economic releases pointed to a challenging recovery path for the country. Notable losses were seen from heavyweight firms such as Longi Green Energy (-2.9%), East Money Information (-2.3%), Foxconn Industrial (-2%), Ping An Insurance (-0.5%) and Kweichow Moutai (-0.7%).

China Stocks Ease Ahead of PMI Readings

The Shanghai Composite rose 0.1% to around 3,215 while the Shenzhen Component dropped 0.9% to 10,810 in mixed trade on Monday, as investors digested data released over the weekend showing industrial profits in China declined sharply in the first four months of 2023 amid a shaky economic recovery, softening demand and tightening margins. This reinforced expectations that the People’s Bank of China could lower interest rates soon to support growth. High-growth technology stocks mostly advanced, with solid gains from Zhongji Innolight (8.3%), Victory Giant Tech (7.6%) and Tongfu Microelectronic (10%). Meanwhile, new energy firms declined, including Contemporary Amperex (-1.7%), Longi Green Energy (-4.1%) and Sungrow Power (-4%).

China Stocks Mixed on Monday

The Shanghai Composite fell 0.4% to around 3,190 while the Shenzhen Component dropped 0.6% to 10,830 on Friday, with mainland stocks set to end the week sharply lower following a selloff that brought the benchmark indexes to their lowest levels in about five months. Chinese markets were weighed down by weak global sentiment as geopolitical risks resurfaced and as investors cautiously awaited updates on the debt ceiling negotiations in Washington. New energy firms led the market lower on Friday, with notable losses from Longi Green Energy (-4.7%), BYD Company (-4.6%), Contemporary Amperex (-2.1%), Sungrow Power (-5.1%) and Tianqi Lithium (-4.5%). Meanwhile, Chinese technology stocks tracked their US peers higher after Nvidia’s earnings report boosted the outlook for semiconductor and AI-related companies.

China Stocks Set for Sharply Weekly Drop

The Shanghai Composite fell 0.15% to around 3,200 while the Shenzhen Component shed 0.18% to 10,900 on Thursday, with both benchmarks sliding to their lowest levels in about five months amid a broad market selloff. Chinese markets were also weighed down by weak global sentiment as geopolitical risks resurfaced and as investors cautiously awaited updates on the debt ceiling negotiations in Washington. Sharp losses were seen from high-growth technology stocks such as Kunlun Tech (-6.3%), iFLYTEK (-2.3%), 360 security Technology (-1.5%), TRS Information (-3.8%) and Wondershare Tech (-7.8%). Resource-related stocks also posted notable declines, including Zijin Mining (-1.9%), Shaanxi Coal (-1.5%), Yongxing Special (-2.2%), PetroChina Company (-1.4%)  and China Petroleum (-1.5%).

China Stocks Slide to Multi-Month Lows

SHANGHAI decreased to a 18-week low of 3206

Stocks in China Hit 18-week Low

SHANGHAI 50 decreased to a 22-week low of 2590

Stocks in China Hit 22-week Low

The Shanghai Composite dropped 1% to around 3,215 while the Shenzhen Component tumbled 0.75% to 10,930 on Wednesday, with both benchmarks hitting their lowest levels in nearly five months amid a broad market selloff. Mainland markets were also weighed down by weak global sentiment as investors cautiously awaited updates on the debt ceiling negotiations in the US. Financial stocks led the retreat, with sharp losses from Ping An Insurance (-1.7%), Agricultural Bank (-2.3%), ICBC (-2.8%), Bank of China (-2.7%) and Citic Securities (-1.5%). Heavyweight technology names also declined, including Semiconductor Manufacturing (-6.1%), 360 Security Technology (-1.6%), Inspur Electronic (-3.4%), iFLYTEK (-1.2%) and BOE Technology (-3.6%).

China Stocks Hit Near 5-Month Lows

CSI 300 decreased to a 19-week low of 3923

Stocks in China Hit 19-week Low

The Shanghai Composite fell 0.2% to below 3,290 while the Shenzhen Component lost 0.2% to 11,100 on Tuesday, giving back some gains from the previous session, with nearly all sectors participating in the decline. On Monday, the People’s Bank of China maintained its key lending rates unchanged for the ninth straight month during its May fixing in an effort to keep the economy supported, though the central bank remains under pressure to cut the reserve requirement ratio. Technology stocks led the market lower, with sharp losses from TRS Information (-4%), 37 Interactive (-4.9%), Inspur Electronic (-2.5%), Shenzhen Kaifa (-5.2%) and Zhejiang Jinke (-4.5%). Other heavyweight firms also declined, including China CSSC Holdings (-2.5%), CSSC Science & Technology (-8%) and Shanxi Xinghuacun (-2.9%).

China Stocks Ease in Broad Decline

Asian equity markets mostly rose on Monday as the People’s Bank of China left its key lending rates unchanged for the ninth consecutive month in an effort to keep the economy supported. Investors also looked ahead to the resumption of debt ceiling negotiations in the US, while cheering Federal Reserve Chair Jerome Powell’s statement that interest rates may not need to rise as much as expected due to banking sector stresses. Shares in Japan, Hong Kong and mainland China advanced, while Australian stocks declined.

The Shanghai Composite rose 0.5% to around 3,300 while the Shenzhen Component gained 0.6% to 11,150 on Monday, recouping losses from the previous session as the People’s Bank of China maintained its key lending rates unchanged for the ninth straight month in May. Still, investors are hoping that authorities would introduce more fiscal and monetary stimulus as April data showed that the country’s post-pandemic recovery started to lose steam. Consumer-related stocks led the advance as authorities unveiled services and incentives to boost tourism activities, with strong gains from Kweichow Moutai (2.4%), Wuliangye Yibin (3.5%) and Luzhou Lao Jiao (4.9%). Technology names also extended their rally, including Shenzhen Kaifa (1.8%), Inspur Electronic (1.5%) and Ingenic Semiconductor (3.1%).

China Stocks Rise as PBOC Holds LPR Steady

The Shanghai Composite fell 0.7% to below 3,280 while the Shenzhen Component lost 0.1% to11,060 on Friday, giving up gains from earlier in the week, with nearly all sectors participating in the decline. Investors continued to assess the strength of China’s post-pandemic recovery after a series of economic data pointed to a challenging recovery path. Financial and industrial stocks led the market lower, with notable losses from Ping An Insurance (-1.7%), CNPC Capital (-3%), Avic Industry-Finance (-3.8%), China State Construction (-1.4%) and China Railway Group (-2%). New energy stocks also declined, including Tianqi Lithium (-1.3%) and Longi Green Energy (-0.7%).

China Stocks Fall in Broad Decline

The Shanghai Composite rose 0.7% to above 3,300 while the Shenzhen Component gained 0.2% to 11,120 on Thursday, snapping a two-day decline, underpinned by a strong rally in technology stocks. Upbeat global sentiment also aided local markets as investors remained hopeful that the US government would strike a deal on the debt ceiling and avoid a default. Meanwhile, investors continued to assess the economic outlook in China after a series of data pointed to a challenging recovery path. Gains in the technology sector were led by Zhongji Innolight (20%), Eoptolink Technology (17.8%), Kunlun Tech (9.1%), Dawning Information (5.8%) and Foxconn Industrial (7.9%). Heavyweight telecom, financial and commodity-linked stocks also advanced.

Asian equity markets rose on Thursday, tracking gains on Wall Street overnight as growing optimism that the US debt ceiling crisis would be resolved and positive corporate results lifted sentiment. Investors also reacted to data showing Japan posted a smaller trade deficit in April, while the Australian unemployment rate unexpectedly increased to 3.7% in April from a 50-year low of 3.5% in March. Japanese stocks led the advance, extending their winning streak that brought the Topix Index to over 32-year highs. Shares in Australia, South Korea, Hong Kong and mainland China also posted strong gains.

Asian Stocks Track Wall Street Higher

The Shanghai Composite fell 0.5% to around 3,275 while the Shenzhen Component lost 0.1% to 11,090 on Wednesday, sliding for the second straight session as concerns about the strength of China’s post-pandemic recovery continued to weigh on sentiment. Data released on Tuesday showed that the country’s industrial production, retail sales and fixed asset investment all came in below forecasts in April, pointing to a challenging recovery path. Along with weak inflation, trade and manufacturing data, the latest figures put further pressure on authorities to offer more fiscal and monetary stimulus to boost China’s economy. Notable losses were seen from heavyweight firms such as China SCCS Holdings (-1.7%), Tianqi Lithium (-1.9%), China Telecom (-4.4%), Ping An Insurance (-2%) and China Science Publishing (-7.9%).

China Stocks Fall For Second Session

In China the Shangai Composite Index decreased 20 points or 0.60 percent on Tuesday. Losses were driven by China Shipbuilding (-3.88%), China Life Insurance (-3.65%) and China Railway Cons (-3.64%). Biggest rises came from Jiangsu Hengrui Me. (3.56%), Nari Tech Develop (1.71%) and Sh Fosun Pharma (1.37%).

The Shangai Composite Index decreased 0.60%

The Shanghai Composite rose 0.2% to around 3,317 while the Shenzhen Component fell 0.4% to 11,130 in mixed trade on Tuesday, with caution dominating sentiment as investors reacted to key economic releases from China that largely missed expectations. The country’s industrial production, retail sales and fixed asset investment all came in below forecasts in April, pointing to a challenging recovery path. Meanwhile, China’s unemployment rate fell to a 19-month low of 5.2% in April. Notable gains were seen from heavyweight firms such as China CSSC (2.2%), Inspur Electronic (1.4%) and Jiangsu Hengrui (3.8%), while losses were seen from 360 Security Technology (-4%), CIG Shanghai (-7.5%) and iFLYTEK (-2.7%).

China Stocks Mixed Amid Disappointing Data

The Shanghai Composite jumped 1.17% to close at 3,311 while the Shenzhen Component rallied 1.57% to 11,179 on Monday, reversing losses from earlier in the session amid a boost from new energy and financial stocks. The People’s Bank of China also kept its one-year medium-term lending facility rate unchanged at 2.75% in its May fixing. Investors now look ahead to a slew of economic releases including industrial production, retail sales, fixed asset investment growth and unemployment rate data on Tuesday to gauge the health of the world’s second-largest economy. New energy firms led the charge, with strong gains from Tianqi Lithium (10%), Ganfeng Lithium (8.7%) and Sungrow Power (7.3%). Financial firms also advanced as Chinese banks started to lower deposit rates to defend its interest margins.

China Stocks Jump on New Energy, Financial Boost

The Shanghai Composite fell 0.5% to around 3,255 while the Shenzhen Component rose 0.3% to 11,040 in mixed trade on Monday, with mainland stock struggling for direction as investors awaited key economic data from China this week to gauge the strength of the country’s recovery from the pandemic slump. A slew of economic releases including industrial production, retail sales, fixed asset investment growth and unemployment rate are slated for Tuesday. Notable gains were seen from new energy firms such as Tianqi Lithium (7%), Contemporary Amperex (2%) and Sungrow Power (6.7%). Meanwhile, losses were seen from technology and financial stocks including iFLYTEK (-1.9%), Zhongji Innolight (-3.1%) and CNPC Capital (-3.8%).

China Stocks Struggle for Direction

In China the Shangai Composite Index dropped 37 points or 1.12 percent on Friday. Losses were led by China Molybdenum (-6.71%), Zijin Mining (-6.34%) and China Railway Cons (-6.21%).

The Shangai Composite Index fell 1.12%

The Shanghai Composite fell 0.5% to below 3,300 while the Shenzhen Component dropped 0.6% to 11,070 on Friday, with the former sliding for the fourth straight session amid a broad sharemarket decline. On Thursday, data showed that consumer prices in China rose at the slowest annual pace since early 2021 in April, while producer prices decreased the most in nearly three years. Chinese markets also took cues from a weak lead on Wall Street as Disney’s disappointing subscriber numbers and PacWest Bancorp’s report of a drop in deposits weighed on investor sentiment. Notable losses were seen from CSSC Science & Technology (-9.9%), CNPC Capital (-1.2%), Zhejiang Jinke (-9.5%), Unigroup Guoxin (-5%) and Beijing Jetsen (-6.8%). The benchmark indexes are on track to end the week lower.

The Shanghai Composite rose 0.1% to around 3,322 while the Shenzhen Component gained 0.4% to 11,188 on Thursday, recouping some losses from the previous session as investors reacted to data showing the consumer price index in China rose 0.1% year-on-year in April, the slowest since early 2021. Producer prices also declined 3.6% in April, the sharpest fall in nearly three years. New energy and technology stocks led the charge, with gains from Contemporary Amperex (3.2%), BYD Company (2.6%), Sungrow Power (3.3%), Kunlun Tech (3.2%) and Col Group (6.3%). Meanwhile, financial stocks lagged behind the market, with losses from CNPC Capital (-8.2%), China Galaxy Securities (-5.2%) and Bank of China (-1.6%).

China Stocks Gain After Inflation Data

In China the Shangai Composite Index fell 39 points or 1.15 percent on Wednesday. Leading the losses are China CITIC Bank (-6.18%), Agricultural Bank of China (-5.74%) and Bank Of China (-5.48%).

The Shangai Composite Index dropped 1.15%

The Shanghai Composite dropped 0.7% to below 3,340 while the Shenzhen Component lost 0.3% to 11,095 on Wednesday, sliding for the second straight session, as investors cautiously awaited key US inflation data that could throw light on whether the Federal Reserve will need to tighten policy further. On Tuesday, markets digested data showing Chinese imports contracted sharply in April amid softer domestic demand, while exports growth eased on slowing global growth. Financial stocks led the retreat, with sharp losses from China Galaxy Securities (-7.7%), Bank of China (-4.4%), Agricultural Bank of China (-3.9%), Citic Securities (-2.2%) and ICBC (-3.2%). Notable losses were also seen from technology firms such as Kunlun Tech (-3.7%), Dawning Information (-2%) and Zhongji Innolight (-3.2%).

China Stocks Drop for Second Session

The Shanghai Composite fell 1.1% to close at 3,358 while the Shenzhen Component lost 0.9% to 11,125 on Tuesday, reversing gains from the previous session as disappointing domestic trade data added to concerns that China’s economic recovery might be standing on shaky ground. The country’s imports contracted sharply in April amid softer domestic demand, while exports growth eased on slowing global growth. Investors now look ahead to Chinese inflation data on Thursday for more clues on the state of the world's second-largest economy. Notable losses were seen from heavyweight firms such as Semiconductor Manufacturing (-11.2%), Ping An Insurance (-2.6%), CNPC Capital (-1.5%), Kunlun Tech (-5.6%), BlueFocus Intelligent (-6.5%) and China State Construction (-1.6%).

China Stocks Fall on Soft Trade Data

Shanghai Stock Exchange Composite Index rose above 3400 points.

Shanghai Stock Exchange Composite Index above 3400

The Shanghai Composite rose 0.2% to above 3,400 while the Shenzhen Component added 0.3% to 11,260 on Tuesday, with mainland stocks rising for the second straight session as risk sentiment improved. Investors also look ahead to Chinese trade data on Tuesday and inflation data on Thursday to gauge the health of the world’s second-largest economy. Financial stocks led the charge, with strong gains from Citic Securities (3.6%), China Galaxy Securities (10%), Bank of China (1.3%), Huatai Securities (5.9%) and Everbright Securities (7.2%). Technology stocks also advanced, including iFLYTEK (1.9%), Dawning Information (4.9%) and Kunlun Tech (1.6%).

China Stocks Climb for Second Session

The Shanghai Composite jumped 1.4% to around 3,380 while the Shenzhen Component climbed 0.1% to 11,190 on Monday, recouping losses from the previous session, helped by gains in the financial sectors. Investors also look ahead to trade and inflation data in China this week to gauge the health of the world’s second-largest economy. The country’s export growth is expected to have eased in April, while imports are forecasted to remain unchanged. Financial stocks led the advance, with gains from CNPC Capital (7%), Ping An Insurance (1.7%), Agricultural Bank of China (5.5%), ICBC (4.6%) and China Minsheng Bank (5.1%). Industrial firms also posted strong gains, including CSSC Science & Technology (9.5%) and China State Construction (1.5%).

China Stocks Rise on Financial Boost

The Shanghai Composite fell 0.48% to close at 3,335 while the Shenzhen Component dropped 0.82% to 11,181 on Friday, following a weak session on Wall Street overnight as US recession fears and signs of stress at another US regional bank dampened investor sentiment. Investors also digested data showing China’s services sector growth stayed robust in April, balancing out a surprise contraction in the country’s manufacturing activity. Notable losses were seen from heavyweight technology firms such as Kunlun Tech (-3.4%), Dawning Information (-4.6%), Inspur Electronic (-8.1%), CIG Shanghai (-9.5%), Zhongji Innolight (-9.7%) and iFLYTEK (-4%). For the week, the Shanghai Composite gained 0.3%, while the Shenzhen Component lost 1.4%.

China Stocks Fall on Weak Global Sentiment

The Shanghai Composite rose 0.1% to 3,353 while the Shenzhen Component fell 0.6% to 11,200 in mixed trade on Friday, as investors remained cautious amid recession fears and renewed concerns over the banking sector in the US. Investors also digested data showing China’s services sector growth stayed robust in April, balancing out a surprise contraction in the country’s manufacturing activity. Financial stocks advanced, with gains from Ping An Insurance (0.5%), China Minsheng Bank (5.5%) and Industrial Bank (2.9%). Meanwhile, notable losses were seen from heavyweight technology firms such as BlueFocus Intelligent (-2.5%), Dawning Information (-1.5%) and Inspur Electronic (-4.2%).

China Stocks Mixed in Early Trade

In China the Shangai Composite Index gained 27 points or 0.82 percent on Thursday. Gains were led by China Minsheng Bank (9.92%), China Pacific Insu (9.07%) and New China Life (6.59%). Biggest losers were China Southern Air (-6.58%), China International (-5.54%) and Air China (-4.98%).

The Shangai Composite Index went up by 0.82%

The Shanghai Composite fell 0.2% to around 3,315 while the Shenzhen Component dropped 0.3% to 11,300 on Thursday, with investors adopting a cautious stance after returning from a holiday-extended weekend. Mainland markets also took cues from a weak lead on Wall Street overnight after the US Federal Reserve raised interest rates further and said the inflation outlook does not support rate cuts.  Domestically, a private survey showed that Chinese manufacturing activity unexpectedly contracted in April, confirming official data released over the weekend and raising concerns about the strength of the country’s economic recovery. Notable losses were seen from heavyweight technology firms such as 360 Security Technology (-7.8%), Dawning Information (-1.4%), Zhongji Innolight (-8%), Inspur Electronic (-1%) and iFLYTEK (-3.6%).

China Stocks Ease in Post-Holiday Trade

In China the Shangai Composite Index went up by 37 points or 1.14 percent on Friday. The rise was driven by New China Life (8.52%), China Railway Group (7.15%) and China Railway Cons (6.54%).

The Shangai Composite Index increased 1.14%

The Shanghai Composite rose 0.7% to around 3,308 while the Shenzhen Component added 0.5% to 11,280 on Friday, extending gains from the previous session and taking cues from a positive lead on Wall Street, as an earnings-induced rally in big tech stocks offset concerns about the US economy. Better-than-expected corporate earnings in Chinese insurance companies also boosted investor sentiment. Financial firms led the advance, with strong gains from Ping An Insurance (3.4%), China Merchants Bank (2.9%) and Bank of Jiangsu (3%). Technology stocks also extended their rally, including Kunlun Tech (13%), BlueFocus Intelligent (11%) and Dawning Information Industry (4.6%). The benchmark indexes are on track to end the week little changed, having recouped most of the losses from earlier in the week.

China Stocks Track Global Peers Higher

In China the Shangai Composite Index rose 22 points or 0.67 percent on Thursday. Leading the gains are Ping An Insurance (10.00%), New China Life (6.87%) and China Pacific Insu (6.66%). Top losers were China Merchants Bank (-4.17%), China Molybdenum (-2.97%) and Sanan Optoelectron (-1.94%).

The Shangai Composite Index rose 0.67%

The Shanghai Composite rose 0.2% to around 3,270 while the Shenzhen Component gained 0.3% to 11,220 on Thursday, recouping some losses from recent sessions, though market caution capped gains as heightened global economic uncertainties and renewed fears over the US banking sector weighed on sentiment. Investors also digested data showing Chinese industrial profits slumped 21.4% year-on-year in the first quarter, as factory activity struggled to recover from pandemic-related disruptions. Notable gains were seen from heavyweight firms such as Ping An Insurance (6.7%), Contemporary Amperex (1.4%), BYD Company (2.6%), Naura Technology (2%) and Semiconductor Manufacturing (1%).

China Stocks Rise in Cautious Trade

The Shanghai Composite fell 0.3% to below 3,260 while the Shenzhen Component lost 0.2% to 11,130 on Wednesday, with mainland stocks sliding for the sixth straight session global economic uncertainties and uneven domestic recovery trends prompted a cautious stance among investors. Chinese stocks also tracked losses on Wall Street overnight as disappointing news from First Republic Bank reignited fears about a wider impact from the banking crisis. High-growth technology stocks led the decline, with losses from Dawning Information (-4.5%), 360 Security Technology (-3.7%), Inspur Electronic (-3.6%), Kunlun Tech (-2.6%) and iFLYTEK (-2.2%).

China Stocks Slip for Sixth Session

The Shanghai Composite fell 0.2% to below 3,270 while the Shenzhen Component tumbled 1.4% to 11,160 on Tuesday, with mainland stocks sliding for the fifth straight session as doubts over the sustainability of the economic recovery continued to dampen sentiment. Analysts also highlighted China's soft first-quarter corporate results that do not fundamentally support sky-high stock prices for certain sectors. New energy and healthcare stocks led the decline, with notable losses from Contemporary Amperex (-2.2%), BYD Company (-2.8%), Tianqi Lithium (-5.7%), Wuxi Apptec (-7.6%) and Shijiazhuang Yilin (-9%).

China Stocks Fall for Fifth Session

The Shanghai Composite fell 0.2% to around 3,295 while the Shenzhen Component dropped 0.5% to 11,390 on Monday, declining for the fourth straight session and remaining under pressure from global economic uncertainties and uneven domestic recovery trends. Investors also pointed to soft first quarter corporate results in China that do not fundamentally support sky-high stock prices for certain sectors. High-growth technology and new energy stocks led the decline, with notable losses from Dawning Information (-1%), East Money (-4.6%), Semiconductor Manufacturing (-1.3%), Cambricon Technologies (-5.9%), Contemporary Amperex (-0.7%) and Sungrow Power (-6.8%).

China Stocks Remain Under Pressure

In China the Shangai Composite Index fell 66 points or 1.95 percent on Friday. Leading the losses are Aisino Co., Ltd. (-4.92%), China United Network (-3.67%) and Ping An Insurance (-3.55%).

The Shangai Composite Index dropped 1.95%

The Shanghai Composite fell 0.2% to around 3,360 while the Shenzhen Component dropped 0.6% to 11,647 on Friday, with both benchmarks sliding for the third straight session, as heightened global economic uncertainties and the prospect of further interest rate rises in the West continued to weigh on sentiment. An uneven domestic economic recovery and dimming hopes that the central bank would ease policy further also prompted caution among investors. Notable losses were seen from heavyweight technology firms such as iFLYTEK (-1.4%), 360 Security Technology (-2.6%), Inspur Electronic (-2%), Semiconductor Manufacturing (-2.4%) and Cambricon Technologies (-3.6%). Still, the Shanghai Composite is set to advance for the sixth straight week, while the Shenzhen Component is on track to decline for the second consecutive week.

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