U.S. stocks showed mixed performance last night, with the Nasdaq rising slightly by 0.16%, but the Dow Jones Industrial Average fell by 0.94%, and the S&P 500 also retreated by 0.34%. The Asia-Pacific markets continued their correction pattern—Nasdaq Golden Dragon China Index dropped by 1.58%, and the FTSE A50 futures night session declined by 0.49%. In the foreign exchange market, the offshore RMB against the US dollar fell to 6.9935. In Hong Kong stocks, the Hang Seng Index closed the night session down by 0.47%, and the Hang Seng Tech Index declined slightly more, closing the night session down by 0.54%. This wave of correction in global risk assets still carries some pressure, especially in the technology sector, which warrants continued observation of subsequent trends.
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gas_fee_trauma
· 3h ago
Technology is declining again, this wave is really a bit tough
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The RMB has hit a new low again, when can it finally ease up
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Nasdaq is up while Dow is down, this divergence is really intense, what should I do next
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Hong Kong stocks tech sector is being hammered again, feels endless
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With such high pressure on risk assets, let's reduce our positions first
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Golden Dragon Index fell 1.58%, Chinese concept stocks are starting to stir again
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The world is adjusting, is there no one willing to buy the dip?
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Hang Seng Tech led the decline, this pace is really incredible
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Offshore RMB is at 6.99, those exchanging currency might be a bit panicked
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A50 futures also fell, it seems this is truly a systemic correction
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GovernancePretender
· 11h ago
Technology has been hit again, really annoying. The Golden Dragon Index dropped 1.58%, which still hurts a bit.
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The NASDAQ only gained a little, everything else fell, is this called divergence? Feels like it will drop further.
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Offshore RMB hit a new low again, the exchange rate really needs to be watched closely.
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The Hang Seng Tech Index fell more than the Hang Seng Index, indicating that big funds are fleeing.
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Another adjustment cycle is coming, let's see how low it can go this time.
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The three major US stock indices are diverging so obviously, while Hong Kong stocks are still falling, it's quite interesting.
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The Golden Dragon Index led the decline, Chinese concept stocks are about to suffer again.
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The RMB has depreciated so sharply, the pressure on outbound companies must be huge.
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The tech sector continues to be under pressure, it's time to select some individual stocks.
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The NASDAQ is not moving up, the Dow Jones is dropping straight down, this rhythm is really abnormal.
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SchroedingerMiner
· 01-08 13:58
The tech sector is falling again; we still need to keep an eye on this momentum.
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ForkTongue
· 01-08 13:57
Tech stocks are starting to shake again, Jinlong Index drops 1.58, stay steady.
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ProposalDetective
· 01-08 13:48
The tech sector has been hit again, feeling more pressure ahead.
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GhostAddressMiner
· 01-08 13:43
The Nasdaq only rose 0.16%, how embarrassing. When the Dow Jones fell 0.94%, why didn't anyone shout? On-chain funds are already moving, and you're still watching the order book. I saw those dormant addresses start to stir early on.
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LiquidationWatcher
· 01-08 13:42
Tech stocks are taking a hit again; be cautious with this wave.
U.S. stocks showed mixed performance last night, with the Nasdaq rising slightly by 0.16%, but the Dow Jones Industrial Average fell by 0.94%, and the S&P 500 also retreated by 0.34%. The Asia-Pacific markets continued their correction pattern—Nasdaq Golden Dragon China Index dropped by 1.58%, and the FTSE A50 futures night session declined by 0.49%. In the foreign exchange market, the offshore RMB against the US dollar fell to 6.9935. In Hong Kong stocks, the Hang Seng Index closed the night session down by 0.47%, and the Hang Seng Tech Index declined slightly more, closing the night session down by 0.54%. This wave of correction in global risk assets still carries some pressure, especially in the technology sector, which warrants continued observation of subsequent trends.