Unusual Options Activity In CSI 300 China A ETF, ASHR – Part 2

If you though the first quarter for the US equity markets were smoking, have must of not paid any attention to China’s Shanghai stock market, which has surged almost 30% 2019 and is the best performer of major markets globally.

Source

Recently, the Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) rose to an eight-month high of 50.8 in March, beating the 49.9 forecast.

Source

Beijing has taken steps to support the economy to combat slowing growth and counteract the US-China trade ware through billions of dollars in planned tax cuts and infrastructure spending…and it might be working.

New orders climbed to their highest level in four

About the author: TIMM Trader

Uniting Experts & Novices for Mutual Profit!