9 Key Takeaways From China’s Party Congress You Really Need To Know

9 Key Takeaways From China’s Party Congress You Really Need To Know

On Sunday, Chinese President Xi Jinping took the stage for the Communist Party Congress.

This event summed up the China government’s achievements in recent years and also set the direction for years to come.

Xi specifically mentioned that since the last party congress 5 years ago, it has been “extremely uncommon and abnormal”, and urged his people to be prepared for danger and major tests coming their way.

Here are the key takeaways from this Party Congress:

  1. Zero-COVID strategy will remain
  2. Taiwan as a renegade province, is awaiting reunification with the mainland, by force if necessary
  3. Hong Kong and Macau must strictly adhere to the “one country, two systems” policy
  4. No “Cold War mentality” in global diplomatic efforts – China will never seek hegemony but will focus on building a strong military to achieve a strategic deterrent capability
  5. Focus on high-quality development and expand domestic demand to advance economy – creating domestic demand with supply-side structural reforms
  6. Technology as the prime production force – importance for China to become technologically self-reliant
  7. Continuity to promote “common prosperity” strategy, boosting the size of the middle-income population while standardising income distribution
  8. Pledge to eliminate pollution and use coal in a cleaner manner
  9. Deepening of patriotic education and guidance of religion – firm control over ideology and media

It has already been quite a bearish outlook especially for the HK markets. $HSI(^HSI.IN)

What can you infer from these key takeaways and how to take advantage of this situation?

If you’re holding bearish sentiments on HK equities and thinking of short positions – you’re in the right place.

Shorting might be uncommon or even ‘scary’ to most retail investors but with DLCs, it’s really simple to understand.

In a nutshell, short DLCs have a fixed daily leverage and no margin required – it is traded on SGX and standard brokerage fees apply.

For example, a Hang Seng Index DLC tracks the HSI as an underlying index – any movement downwards for HSI will equate to a 5x movement upwards for the HSI 5x Short DLC. 

To put it simply, HSI drops 2% = HSI 5x Short DLC up 10%.

But whether you’re holding Long or Short views on the market…you can try all these strategies out in our upcoming UBS Leverage Trading Tournament! 

UBS DLCs offer both long and short directions for traders and investors to capitalize on the market movements.

If you’re increasingly bearish on the markets…it’s time to try out the short DLCs.

Yes it’s all virtual paper capital but the prizes are real – up to S$10,000 in total!

UBS Leverage Trading Tournament 2022: Trade and Emerge as the Top Trader!

Are you ready to win prizes?

Registration is open now: https://bit.ly/UBSLTT2022

That’s not all!

Accept your invitation now and stand to WIN these Prizes:
?1x Apple TV 4K Setup Winner (worth $400)
?1x Samsung 27” Essential Curve Monitor Winner (worth $400)
?1x Nintendo Switch OLED Console Winner (worth $400)

Registration is open now: https://bit.ly/UBSLTT2022


InvestingNote is the largest & most active community of investors & traders in Singapore & Malaysia. Find out more about us here.

Download our free app here:

apple
android

Also, join our telegram channel here: t.me/investingnoteofficial

We’re here to keep you in touch with the latest investing & stock-related news, happenings, and updates!

Comments are closed.