As the United States sees gains and records good growth in the cheap stocks the Chinese optimism has skyrocketed and the stocks have seen a huge buying spree seeing the trend in the United States markets which has nothing to do with the other.
Chinese stocks rose on Friday as Beijing was rumored to have sought the scrapping of Washington's tariffs on its goods and cooperation in exchange for buying more US agricultural products, ahead of high-level trade talks later in the day. The Shanghai index that was up by .6 percent week on week shows some positivity that might have to mislead the people to invest in Chinese stocks. The Chinese stocks will be changing the market situation as the rumor has led the buying spree of the Chinese stocks that could not yield any benefits let alone property investments that are comparatively safe from the stock markets and stocks. China's ruling Communist Party will hold a key meeting of its senior leadership next week after and they have caused an unusually long delay since the last one, state media had stated on Thursday 24th October 2019, as the country grapples with issues ranging from a slowing economy and many other factors to unrest in Hong Kong that has amassed huge concerns in the world.
The stocks scene will change in two to three business days as the unrest subsides or is dealt with by china. Let’s see what the future has in store for the stocks
Tags : Chinese stocks, agricultural products, property investments, Communist Party,