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, weโd like to invite all Tigers to summarize your September in one word, sharing your achievements and insights! ๐ฏ๐๐ฐLast 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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