China - Market Strategy 06 (Jul 24 - Dec 26)

[behappyalways]

Unitree IPO Finally Puts A Real Price On Profitable Humanoid Robots
https://www.zerohedge.com/ai/unitree-ip ... oid-robots

[winston]

China stock traders cut leveraged positions by 14% in July amid tech sell-off

China’s stock traders have been unwinding their leveraged positions over the past month, fuelling the worst-ever stock sell-off on one major index of technology shares and undermining Beijing’s efforts to put a floor on the equity market.

The outstanding value of the stock purchases financed by margin trading stood at 2.59 trillion yuan (US$383.4 billion) on Friday, a decrease of 14 per cent from the record high of 3.01 trillion yuan on June 25, according to Chinese financial data provider Wind.

The unravelling of the trade was concentrated in the stocks trading on the Shanghai and Shenzhen exchanges under their respective tech boards.

Source: SCMP

https://www.scmp.com/business/china-bus ... pe=section

[winston]

Reports Say Chinese Brokers Tighten Reviews for Account Openings, Margin Financing and Short-selling Transactions

Bloomberg, citing sources, reported that Chinese brokers are tightening scrutiny on new account openings and strengthening reviews of margin financing, short-selling and options trading, as regulators move to curb excessive high-risk trading following a sharp market correction.

It was reported that a number of mainland Chinese brokers, including CITIC SEC (06030.HK) and East Money, have recently raised compliance requirements for clients seeking leveraged or derivatives trading.

At the same time, stricter reviews are being conducted on clients' financial conditions, trading experience and risk tolerance before approving margin or options accounts.

Multiple brokers have also stipulated that investors who opened new accounts within the past six months or frequently received margin calls will face restrictions on further borrowing.

The report cited brokers as saying that, amid heightened market volatility, a growing number of retail investors were forced to liquidate positions since late July.

China's outstanding margin financing and securities lending balance, after surpassing RMB3 trillion in late June, fell to RMB2.6 trillion by the end of July.

In 1H26, investors opened a combined 960,700 new margin accounts, up 60% YoY.

In June alone, the number of new accounts reached 179,000, representing YoY growth of 77%.

Source: AASTOCKS Financial News

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Unitree Robotics IPO Launched: Winning Investors Could Pocket NT$950,000 Instantly | #MirrorMedia
https://m.youtube.com/watch?v=-327mmFfrbg

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Unitree’s Shanghai IPO 5,526 times subscribed by retail buyers
https://www.theedgesingapore.com/news/c ... ail-buyers

Unitree Robotics IPO Launched: Winning Investors Could Pocket NT$950,000 Instantly | #MirrorMedia
https://m.youtube.com/watch?v=-327mmFfrbg

[behappyalways]

US-based investors are dumping Chinese equities:

US-listed China ETFs recorded -$3.4 billion in combined outflows across May, June, and July
https://x.com/KobeissiLetter/status/2088004031444660396

[behappyalways]

AI frenzy drives Chinese tech valuations to multiples of US peers
“Even after a recent sell-off, the overall price-to-earnings ratio of the Star 50 is more than 150, well above the Nasdaq 100’s 35 in the US.”
https://x.com/niubi/status/2088371619232112651

[behappyalways]

China #property stocks declined sharply on Monday following latest rules to curb housing pre-sales
https://x.com/ChinaPropFocus/status/2094251955468243401

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Unitree's Blockbuster IPO Short Circuits
https://www.zerohedge.com/technology/un ... t-circuits