BTC jumps 4.2% in a day and breaks 84K; Hong Kong stocks regain 25,000—what is the market pricing in?
🌙 Uncle’s Night Chat | 9.21
🪙 BTC: Around $83,700–$84,200, it once broke above $85K during the session; ETH is above $2,700. In recent times, BTC has rebounded from around 75.6K, rising more than 10%.
🇨🇳 **A-Shares:** The Shanghai Composite rose 0.97% to 3,949.91, with turnover of about 2.03 trillion yuan; 4,536 stocks advanced. The medical services sector surged as much as 4.79%; Novogene/Zhaoyuan hit the 20cm daily limit; and Nanhua Biotech logged its third consecutive limit-up.
🇭🇰 **Hong Kong Stocks:** The Hang Seng Index rose 1.18% to 25,042.71, reclaiming the 25,000 level. Southbound funds net bought HK$4.074 billion, marking 11 straight days of net inflows.
🇺🇸 **U.S. stocks pre-market:** S&P 500 futures were about +0.6%, Nasdaq 100 futures about +1.1%, and Dow Jones futures about +0.8%.
⚡ Key takeaway:
U.S.-China trade negotiations are still progressing. The market is trading expectations for subsequent developments, not the final outcome. In the short term, risk appetite has clearly rebounded, but after a big rally, investors should still watch for profit-taking.
#大叔夜话 #BTC #中美磋商
🌙 Uncle’s Night Chat | 9.21
🪙 BTC: Around $83,700–$84,200, it once broke above $85K during the session; ETH is above $2,700. In recent times, BTC has rebounded from around 75.6K, rising more than 10%.
🇨🇳 **A-Shares:** The Shanghai Composite rose 0.97% to 3,949.91, with turnover of about 2.03 trillion yuan; 4,536 stocks advanced. The medical services sector surged as much as 4.79%; Novogene/Zhaoyuan hit the 20cm daily limit; and Nanhua Biotech logged its third consecutive limit-up.
🇭🇰 **Hong Kong Stocks:** The Hang Seng Index rose 1.18% to 25,042.71, reclaiming the 25,000 level. Southbound funds net bought HK$4.074 billion, marking 11 straight days of net inflows.
🇺🇸 **U.S. stocks pre-market:** S&P 500 futures were about +0.6%, Nasdaq 100 futures about +1.1%, and Dow Jones futures about +0.8%.
⚡ Key takeaway:
U.S.-China trade negotiations are still progressing. The market is trading expectations for subsequent developments, not the final outcome. In the short term, risk appetite has clearly rebounded, but after a big rally, investors should still watch for profit-taking.
#大叔夜话 #BTC #中美磋商
