Read more
10:05 AM · 4 September 2023

CHN.cash rallies 3%❗

-
-
Open account Download free app

Chinese indices were top performers during the first Asian session of a new week. There are some good reasons behind the improved sentiment towards the Chinese stocks today:

  • Comments from Chinese President Xi Jinping, who said that China will continue to open up to foreign capital and investments, are also supporting market moods
  • Country Garden, Chinese developer on a brink of bankruptcy, won an appeal to extend payments on its onshore bonds and also secure over $500 million in additional financing
  • Domestic banks in China have recently lowered rates on mortgage loans amid pressures from authorities and in an attempt to support economy
  • Markets are expecting Chinese authorities to announce more support measures for property sector - including new measures for first home purchases and relaxed restrictions on mortgage lenders

CHN.cash is extending its current recovery move today with an almost-3% gain. The index jumped over 9% over the past 2 weeks amid incoming news of economic support measures being undertaken by Chinese authorities. Taking a look at CHN.cash at H4 interval, we can see that the index is making a break above the 6,500 pts resistance zone today, reaching a fresh 3-week high in the process. Should upward move continue, the next near-term resistance to watch can be found in the area below 6,650 pts.

Source: xStation5

4 February 2026, 6:47 AM

Morning Wrap (04.02.2026)

3 February 2026, 7:04 PM

Dailu summary: Sell-off on Wall street 📉 Bitcoin and Ethereum extend downfall in panic

3 February 2026, 5:48 PM

US100 loses 2% 📉

3 February 2026, 3:19 PM

US Open: US100 slides 0.5% under pressure from IT sector 📉ServiceNow drops 6%

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits