I agreed that “ China has a Rough Return From the Holiday”. It has also had a rough economy expansion of 4.5% in the third quarter🤭. It is slightly above forecasts but still below the government's 4.5%–5% annual target. 😖

Strong exports remain the key growth driver, offsetting weak domestic consumption and a sluggish property sector.

I pray for the government to come out with stimulus package to spur the economy further. Hang Seng tech and hang Seng index need further push to go higher. It has been bearish for quite some time since early 2026😣.