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china fund news reporter taylor

brothers and sisters, the first day of national day has officially begun. let’s pay attention to the news at home and abroad.

a shares were listed on news network

cctv news broadcast reported on a-shares again on the evening of the 30th with the title "a-share surge and transaction volume exceeds 2.6 trillion yuan new high", and the reporting time was nearly 40 seconds.

the report mentioned that the shanghai composite index rose 8.06% and the shenzhen component index rose 10.67%. the trading volume of a-shares exceeded 2.6 trillion yuan throughout the day. many indices such as gem, science and technology innovation 50, and beijing securities 50 achieved their largest increases in history. all sectors rose, with brokerage, software, real estate and other sectors leading the gains. individual stocks showed general gains. trend, more than 700 stocks have reached daily limit, and more than 2,700 stocks have increased by more than 10%.

taylor searched and found that the last time news network reported on the a-share market was on july 6, 2020, and the report lasted about 1 minute and 13 seconds. at that time, xinwen broadcast mentioned that the shanghai and shenzhen indexes opened higher and moved higher, with a unilateral upward trend. the shanghai index rose nearly 6%, hitting a two-and-a-half-year high. the trading volume in the two cities exceeded 1.5 trillion, and more than 200 stocks reached their daily limit.

after this epic surge during this period, the hang seng index surpassed the nasdaq index and ranked first in the ranking of global stock index gains. the csi 300 index rose more than the mumbai index in india, and the gem index rose more than the nikkei index and the dow jones index.

dan bin, chairman of the private equity fund oriental harbor, posted on weibo that some colleagues had a bumper harvest today and made astonishing gains in one day. their earnings in a few days went from losses this year to even exceeding the earnings of u.s. stocks for the whole year.

u.s. stock situation

in u.s. stocks tonight, the three major indexes fell slightly.

so far in september, the dow jones and s&p 500 are up 1.7% and 1.5% respectively. the tech-heavy nasdaq rose 2.2% in september.

during the third quarter, u.s. stocks encountered resistance on several occasions, leading investors to question whether the sharp rise in 2024 was sustainable. especially during the global market crash on august 5, the dow jones index plummeted by more than 1,000 points.

but in the end, investors managed to overcome those concerns, and the dow is expected to end the quarter with a gain of about 8%.

emily bowersock hill, ceo of bowersock capital partners, said, "u.s. stocks have successfully weathered their weakest quarter in full-year history. as earnings remain strong, interest rates fall, and consumers continue to spend, the bull market is expected to continue at least until the end of the year."

in terms of chinese assets, chinese concept stocks once soared, then opened higher and then moved lower.

the ftse china a50 index fell into a correction, falling more than 1.5%.