Chart of the day - CHNComp (03.08.2022)

Chinese stock markets have been trading lower for almost a year and a half now. CHNComp index has dropped 45% off its February 2021 peak and recent price action does not bode well for buyers. A brief upward correction on CHNComp was halted by the 7,875 pts resistance zone at the end of June and the index resumed slide. Price broke below a short-term upward trendline amid an increase in Sino-US tensions over Taiwan. Index has later reached a short-term support in the 6,650 pts area and whether it manages to break below it is yet to be seen. If it breaks below the area, a downward move towards the lower limit of the long-term downward channel (currently in the 5,900 pts area) may come next.

Chinese equities may remain under pressure for as long as the situation around Taiwan remains tense and uncertain. Of course, a weakening Chinese economy and problems in the domestic real estate sector are also playing a role, and in fact are prime reasons behind an over-year long downward move on CHNComp but recent acceleration is related to Pelosi visit and a risk of escalation in Sino-US relationship.

Source: xStation5

31 July 2026, 12:34 PM

Market Wrap: European equities at 3-week highs! Apple dips in US premarket!

31 July 2026, 7:36 AM

Economic Calendar: Key European CPI Readings and Oil Giants’ Earnings

31 July 2026, 6:53 AM

Morning Wrap: AI Fuels the Rebound. Technology Makes a Strong Comeback

30 July 2026, 7:13 PM

Daily Summary: Equities rally on not-so-hawkish Fed and AI trade revival, Yen dominates FX, oil retreats (30.07.2026)

Indices

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days