- There was a plethora of bad news in the past week. I offer my take as to why market players brushed each one of them off.
- The Chinese President made further declarations related to the Chinese internet sector but I explain why it's music to the ears of investors clamoring for more clarity in the policies.
- Alibaba pledged US$15.5 billion in support of China's 'Common Prosperity' push, a staggering sum of 'donation' but I explain why shareholders should be careful about a possible double-counting of expenses.
- I elaborate why President Xi's declaration that China will establish a new stock exchange is an assurance for investors wary of the country shifting away from capitalism.
- I end the article discussing if we are past the peak of pessimism.
For further details see:
Chinese Internet Stocks: Bad News Ignored Signals Sellers' Exhaustion