@luminousqusar
December 03, Wednesday
Top-level voices:
China and Russia held strategic security consultations, conducted comprehensive and in-depth communication on major issues involving the strategic security interests of both countries, reached new consensus, and enhanced strategic mutual trust.
Overall Sentiment:
A-shares continued to fall with shrinking volume yesterday. Trading volume has dropped to about half of this year's peak level. The market is now in an awkward phase: without policy stimulus, it cannot return to the previous upward channel. However, various ministries and commissions are in a "year-end rest and recuperation" mode, and even if there are positive policies in the pipeline, they prefer to hold them until next year.
U.S. stocks are much more positive. Media has already revealed the likely candidates for the next Fed leadership, and the market expects another rate cut in December, so U.S. stocks continue to rise.
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