Understanding China ’Nasdaq’ – Chinext Index

Investing.com — Sunac China, a property developer, has gained sufficient backing from holders of seven out of its ten bonds, moving closer to reducing its onshore bond debt by over half through a restructuring process. The information was disclosed by a source with direct knowledge of the situation on Monday. For the debt restructuring to…

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As the chart shows, the Nasdaq 100 (US Tech 100 mini on FXOpen) has rebounded from its roughly 2.5-month low recorded on 21 November. At that point, bearish sentiment was driven by fears of an “AI bubble”, expectations of higher interest rates, and other news-related pressures. The recovery from that level was strong — in…