China Announces Major Projects to Boost Growth

China Announces  Major Projects to Boost Growth






China Announces Major Projects to Boost Growth Provincial projects worth more than $149.25-B were launched this week as China strives to boost growth, Shanghai Securities News reported Friday. The projects are mostly infrastructure-related, with the southwest province of Sichuan introducing nine highway projects worth RMB Yuan 128.8. The Inner Mongolia Autonomous Region in the north […]






Bangkok, The World’s #1 Travel Destination for 2016

Bangkok, The World’s #1 Travel Destination for 2016






Bangkok, The World’s #1 Travel Destination for 2016 Bangkok has edged out London as the world’s most visited city, according to the 2016 MasterCard Global Destination Cities Index released on Thursday. The Thai capital is projected to welcome 21.47-M international visitors in 2016, just ahead of 2nd-ranked London with a forecast of 19.88-M overnight visitors, […]






China Data Credit to GDP Ratio Hits Record

China Data Credit to GDP Ratio Hits Record






China’s credit-to-GDP gap reached 30.1 percent in the first quarter of 2016, its highest level ever and far above the 10 percent level associated with banking risks, the Bank for International Settlements (BIS) said in a quarterly report released late Sunday. It gave China a red signal, a level it said was intended to indicate […]






SSE Composite Index(SHA:000001) Trading Outlook

SSE Composite Index(SHA:000001) Trading Outlook






SSE Composite Index(SHA:000001) Trading Outlook HEFFX Notes SSE Composite Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 3,150.19. The projected lower bound is: 3,013.38. The projected closing price is: 3,081.78. SSE COMPOSITE closed down -17.100 at 3,078.855. Volume was 2% below […]






China Invests in Innovation

China Invests in Innovation






China Invests in Innovation The Ministry of Industry and Information Technology (MIIT) said China will set up around 40 national manufacturing innovation centers by 2025. In detail, the centers will be devoted to information technology, intelligent manufacturing, new materials and biomedicine. The MIIT has promiseto improve the intellectual property management system to promote cooperation and […]






SSE Composite Index(SHA:000001) Trading Outlook

SSE Composite Index(SHA:000001) Trading Outlook






SSE Composite Index(SHA:000001) Trading Outlook HEFFX Notes SSE Composite Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 3,024.79. The projected upper bound is: 3,150.92. The projected lower bound is: 3,006.28. The projected closing price is: 3,078.60. […]






SSE Composite Index(SHA:000001) Trading Outlook

SSE Composite Index(SHA:000001) Trading Outlook






  SSE Composite Index(SHA:000001) Trading Outlook HEFFX Notes SSE Composite Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 3,020.19. The projected upper bound is: 3,146.56. The projected lower bound is: 3,001.47. The projected closing price is: […]






SSE Composite Index(SHA:000001) Trading Outlook

SSE Composite Index(SHA:000001) Trading Outlook






SSE Composite Index(SHA:000001) Trading Outlook HEFFX Notes SSE Composite Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 3,012.03. The projected upper bound is: 3,164.27. The projected […]






SSE Composite Index (SHA:000001) Trading Outlook

SSE Composite Index (SHA:000001) Trading Outlook






SSE Composite Index(SHA:000001) Trading Outlook HEFFX Notes SSE Composite Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 3,010.28. The projected upper bound is: 3,196.25. The projected lower […]






China is About Innovation

China is About Innovation






Ranked 25th in 2016, up from 29th a year ago, this year’s Global Innovation Index (GII) ranking mirrors China’s improved performance in this domain, WIPO Director General Francis Gurry explained. “This is in keeping with all the developments that we have seen in China in recent years, including the use of innovation as a major […]






SSE Composite Index(SHA:000001) Trading Outlook

SSE Composite Index(SHA:000001) Trading Outlook






SSE Composite Index(SHA:000001) Trading Outlook HEFFX Notes SSE Composite Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 3,213.58. The projected lower bound is: 3,044.81. The projected closing price is: 3,129.19. SSE COMPOSITE closed up 74.528 at 3,125.195. Volume was 79% above average […]






China Economy Stable Without Printing Money

China Economy Stable Without Printing Money






China Economy Stable Without Printing Money Economic growth held steady at 6.7 percent in the second quarter, the lowest level since the 2009 global financial crisis but still within the government’s target range of 6.5-7 percent for 2016. Amid downward economic pressure, China has resisted the temptation of temporary fixes like aggressive monetary easing. Instead, […]






SSE Composite Index (SHA:000001) Trading Outlook

SSE Composite Index (SHA:000001) Trading Outlook






SSE Composite Index (SHA:000001) Trading Outlook HEFFX Notes SSE Composite Index Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 3,080.84. The projected lower bound is: 2,927.87. The projected closing price is: 3,004.36. SSE COMPOSITE closed down -16.108 at 3,002.638. Volume was 3% […]






Reform, Innovation Driving Chinese Economy

Reform, Innovation Driving Chinese Economy






Reform, Innovation Driving Chinese Economy When Shanghai INESA held its first technology meeting in Y 2010, a board erected at the door of the meeting room had almost nothing to display as there were no “decent” quality products at that time. But things became different when the instruments and electronics products manufacturer held its second […]






SSE Composite Index (SHA:000001) Trading Outlook

SSE Composite Index (SHA:000001) Trading Outlook






SSE Composite Index (SHA:000001) Trading Outlook HEFFX Notes SSE Composite Index Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 3,115.02. The projected lower bound is: 2,944.53. The projected closing price is: 3,029.77. SSE Composite Index closed up 21.404 at 3,025.680. Volume was […]






China is Stable and Growing

China is Stable and Growing






China is Stable and Growing China’s consumer price index (CPI) grew 1.8 percent year on year in July, virtually unchanged from 1.9 percent in June, while the producer price index (PPI), which measures costs of goods at the factory gate, dropped 1.7 percent, the National Bureau of Statistics announced Tuesday. Inflation remained benign, with no […]






China SSE Composite Index (SHA:000001) HEFFX Trading Notes

China SSE Composite Index (SHA:000001) HEFFX Trading Notes






China SSE Composite Index (SHA:000001) HEFFX Trading Notes Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 3,092.86. The projected lower bound is: 2,922.96. The projected closing price is: 3,001.91. SSE COMPOSITE closed up 27.580 at 3,004.277. Volume was 7% below average […]






SSE Composite Index (SHA:000001) HEFFX Outlook

SSE Composite Index (SHA:000001) HEFFX Outlook






SSE Composite Index (SHA:000001) HEFFX Outlook HEFFX Notes Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 3,064.27. The projected lower bound is: 2,895.58. The projected closing price is: 2,979.93. SSE COMPOSITE closed down -5.730 at 2,976.696. Volume was 16% below average […]






SSE Composite Index(SHA:000001) Trading Outlook

SSE Composite Index(SHA:000001) Trading Outlook






SSE Composite Index(SHA:000001) Trading Outlook HEFFX Notes Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 3,066.18. The projected lower bound is: 2,896.14. The projected closing price is: 2,981.16. SSE COMPOSITE closed up 7.182 at 2,978.461. Volume was 17% below average (neutral) […]






SSE Composite Index (SHA:000001) HEFFX Trading Outlook

SSE Composite Index (SHA:000001) HEFFX Trading Outlook






SSE Composite Index (SHA:000001) HEFFX Trading Outlook HEFFX SSE Composite Index Notes Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 3,059.45. The projected lower bound is: 2,888.94. The projected closing price is: 2,974.19. SSE Composite Index closed up 17.893 at 2,971.279. […]






Shanghai Pudong Development Bank Co. Ltd (SHA:600000) Trading Outlook

Shanghai Pudong Development Bank Co. Ltd (SHA:600000) Trading Outlook






Shanghai Pudong Development Bank Co. Ltd (SHA:600000) Trading Outlook HEFFX Notes Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 16.26. The projected lower bound is: 15.34. The projected closing price is: 15.80. Shanghai Pudong Development Bank Co. Ltd (SHA:600000) closed up […]






HEFFX Shanghai Trading Outlook SSE Composite Index (SHA:000001)

HEFFX Shanghai Trading Outlook SSE Composite Index (SHA:000001)






HEFFX Shanghai Trading Outlook SSE Composite Index (SHA:000001) SSE COMPOSITE closed down -0.323 at 3,049.844. Volume was 100% below average (consolidating) and Bollinger Bands were 34% narrower than normal. Open High Low Close Volume___ 3,049.8443,049.8443,049.8443,049.844 0 Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 3,038.40 2,931.38 […]






The Changing Face of the Chinese Economy

The Changing Face of the Chinese Economy






The Changing Face of the Chinese Economy As of Monday, 1,796 Chinese listed companies have released their preliminary half-year results, with 63 percent of them reporting net profit growth, while 449 seeing profits go up by at least 50 percent, according to data given by financial service provider Wind. Performances were split. Emerging industries such […]






Understanding China’s Bond Market

Understanding China’s Bond Market






Understanding China’s Bond Market The bond market of the Shanghai Stock Exchange (SSE) maintains a rapid growth these years, through the integration of all aspects of resources and intensified marketing efforts. The number of bonds listed, the amount of debt outstanding and the transaction volume have achieved significant breakthroughs. As of 31th, Dec., 2012, the […]






China Economic Outlook

China Economic Outlook






China Economic Outlook Chinese Premier Li Keqiang Friday had a deep discussion about the new driving forces in China’s economic transition in Session II of the “1+6” roundtable meeting at Fanghua Villa, Diaoyutai State Guesthouse in Beijing. The participants are World Bank Group President Jim Yong Kim, IMF Managing Director Christine Lagarde, WTO Director-General Roberto […]






The Strength of Shanghai International Financial Center

The Strength of Shanghai International Financial Center






The Strength of Shanghai International Financial Center As the economic center of China, Shanghai has always been the epitome of China’s reform and opening up, and a pioneer of China’s modernization, and its achievements have impressed the whole world. Particularly, it has its own strength in making itself an international financial center. Currently, the value […]






Overview of China’s Economic Development

Overview of China’s Economic Development






Overview of China’s Economic Development China has scored tremendous economic achievements in the last three decades since the adoption of reform and opening-up, reflected by its significantly higher economic strength, international standing and influence. China is currently integrated into the world economy, becoming an indispensable part of economic globalization and regional development. 1. Economic scale […]






SSE Composite Index(SHA:000001) Trading Outlook

SSE Composite Index(SHA:000001) Trading Outlook






SSE Index closed down -28.753 at 2,988.094. Volume was 6% below average (neutral) and Bollinger Bands were 2% narrower than normal. Open High Low Close Volume___ 3,000.3263,001.5512,983.8812,988.09416,898,685,952 Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 2,961.92 2,896.56 3,105.08 Volatility: 14 21 35 Volume: 18,807,562,240 15,222,272,000 22,039,187,456 […]






SSE Composite Index (SHA:000001) Trading Outlook

SSE Composite Index (SHA:000001) Trading Outlook






SSE COMPOSITE closed up 45.021 at 2,887.210. Volume was 8% below average (neutral) and Bollinger Bands were 31% narrower than normal. Open High Low Close Volume___ 2,814.6932,894.2642,811.7812,887.210 166,671 Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 2,905.38 2,925.92 3,133.88 Volatility: 30 22 42 Volume: 160,909 160,693 […]






US Dollar ($) ⇨ Chinese Yuan (CN¥) (USDCNY) Trading Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥) (USDCNY) Trading Outlook






Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators. Stochastic Oscillator One method of interpreting the Stochastic Oscillator is looking for overbought areas […]






The Week Ahead SSE Composite Index (SHA:000001)

The Week Ahead SSE Composite Index (SHA:000001)






The Week Ahead SSE Composite Index (SHA:000001) Shayne Heffernan takes a look at the week ahead in China. SSE Index closed down -8.886 at 2,927.159. Volume was 22% below average (neutral) and Bollinger Bands were 36% narrower than normal. Open High Low Close Volume___ 2,932.3762,937.9862,908.3672,927.15914,304,607,232 Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: […]






A Jean-Michel Basquiat Hammered for a Record $57-M

A Jean-Michel Basquiat Hammered for a Record $57-M






A Jean-Michel Basquiat Hammered for a Record $57-M $BID The art world just witnessed a groundbreaking auction record earlier last May when an untitled piece by Jean-Michel Basquiat sold at Christie’s for $57.3-M. Given Sotheby’s (NYSE:BID) “limited” Impressionist and Modern art sale the night before, with 21 out of 62 lots left unsold, there were […]






China to Triple Spending on Tourism

China to Triple Spending on Tourism






China to Triple Spending on Tourism China’s spending in the tourism sector is likely to 3X by Y 2020, to RMB 3-T (US$460-B). China invested more than RMB 1-T in the tourism sector last year, an increase of 42% from one year earlier, Li Jinzao, head of China National Tourism Administration, said at the ongoing […]






Disney Sacks Staff At HK Disneyland, Attendance Tumbles

Disney Sacks Staff At HK Disneyland, Attendance Tumbles






Disney Sacks Staff At HK Disneyland, Attendance Tumbles $DIS Hong Kong Disneyland cut jobs after sustaining its first loss in four years amid a slump in mainland visitors to the city. Friday, Hong Kong media reported that The Walt Disney Co.’s (NYSE:DIS) theme park sacked about 100 workers. Hong Kong Disneyland reviews operational needs from […]






EU Hopes To Sell More Agro-products To China

EU Hopes To Sell More Agro-products To China






EU Hopes To Sell More Agro-products To China The European Union (EU) hopes to export more agro-products to China, a senior EU official said Friday ahead of a trade promotion trip to China. China is a crucial market for EU agro-products and has seen considerable growth in recent years, EU Commissioner for Agriculture and Rural […]






Chinese Grand Prix 2016 Preview

Chinese Grand Prix 2016 Preview






Chinese Grand Prix 2016 Preview F1 makes its 1st visit of the season  to east Asia this weekend for the 2016 Chinese Grand Prix. This will be the 13th running of the event, 1st held in Y 2004, and the last long-distance Grand Prix til June. Nico Rosberg won his 1st-ever GP at the Shanghai International Circuit in […]