China Stock Market

Chinese insurers boost equity holdings to record levels, set to drive bull market

• China’s insurer inflows underpin equities, supporting yuan sentiment, while bond yields remain capped.

China - Shenzhen lifts home-buying limits across key districts

• Shenzhen scraps property curbs, opening door to unlimited home purchases in major districts.

Citigroup and Nomura warn that the PBOC may refrain from lowering interest rates, RRR

• China’s stock rally complicates PBOC’s stimulus plans, rate-cut outlook in doubt.

Chinese brokerage disputes report regulators considering slowing China stock rally

• Outlook for Chinese equities remains unchanged, with upward momentum seen as sustainable.

China’s EV giant BYD has cut 2025 sales target to 4.6 mln vehicles from 5.5 mln previously

ICYMI: China financial regulators consider cooling measures to temper stock market gains

• Posting this again ICYMI - it's a significant development for Chinese equities

Shares of 'China's Nvidia', Cambricon, have been slammed more than 7% lower

• Chinese stock indexes are lower also, in the wake of the report authorities are to consider curbs on stock speculation.

Reports that China weighs curbs on stock speculation

• Bloomberg headline

China’s CSI 300 surges 25% as Beijing pushes reforms to build trust, and a bull market

• China’s stock rally defies weak fundamentals, with Beijing betting reforms can fuel a slow, steady bull market

Stock Soars on AI & Cloud Growth – Why a Post-Earnings Pullback Could Be Interesting

• Why was Alibaba’s cloud and AI business such a big deal and more important, an idea how you may want to consider joining the post earnings move.

China stocks: Goldman Sachs raised its 12-month CSI 300 Index target to 4,900 from 4,500

• This follows the index surging by around 10% this month

Chinese broker raises its margin deposit ratio

• Nervousness over the sustainability of China stock rally behind this

HSBC raises China equity targets on abundant liquidity, sees SHCOMP at 4,000 in 2025

• HSBC’s upgraded China index targets highlight liquidity-driven support for equities into 2025 H2.

Goldman Sachs raises Chinese AI-chip giant Cambricon’s target price by 50%,

• Cambricon is known as China's Nvidia

PBOC is expected to set the USD/CNY reference rate at 7.1551 – Reuters estimate

• PBOC CNY reference rate setting for the trading session ahead.