In the blink of an eye, September is almost over! During this month, we enjoyed a happy Mid-Autumn Festival and witnessed the strong resurgence of Chinese assets. Today, weβd like to invite all Tigers to summarize your September in one word, sharing your achievements and insights! π―ππ°Last week, Chinese assets saw a broad surge, and the RMB appreciated significantly. Offshore RMB briefly broke the 6.98 mark against the U.S. dollar, hitting its highest level since May 2023. The A-shares, Hong Kong stocks, and Chinese concept stocks all rallied.The Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index rose by 12.81%, 17.83%, and 22.71%, respectively, with all industry sectors showing gains. In the Hong Kong market, the Hang Seng Index, Hang Seng China Enterprises Index, and Ha
September Curse Broken? What's Your Account P/L?
It looks like the curse of September's market drop is going to be broken this year. Historical data shows that since 2013, the S&P 500 has averaged a 4.78% decline in September, which is typically the worst-performing and most volatile month for U.S. stocks. However, this year, with a gain of over 20% and recent strong performance, the S&P 500 has already hit its 40th new closing high of the year this week! -------------------- Has your account also broken the September curse?
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