Chinese shares in the Hang Seng Index staged a massive recovery rally to end the week in which it temporarily fell into official bear market territory, and uplifted the entire region for a broad based equity market surge during the Asia trading session.

Then, after Asia markets close, Bloomberg reports that China will unveil a new stimulus package to support the systematically critical and increasingly dangerous, debt-ridden property and development sector - which subsequently ignited a strong, risk-on rally across global indices.

Weston Nakamura takes a deep look into the peculiar chronology of the price action in Chinese property and development sector indices - and offers a differentiated take on whether this is indeed the long-awaited turning point for China to proactively stimulate the world's second largest economy, or if this is an empty symbolic gesture.

--

Follow Market Depth On Spotify: https://spoti.fi/3mVTs9U

Follow Market Depth On Apple Podcasts: https://apple.co/40dA2vm

Follow Weston: https://twitter.com/acrossthespread

Follow Blockworks: https://twitter.com/Blockworks_

Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

--

Disclaimer: Nothing discussed on Market Depth should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Techniques: Non-Alcoholic Cocktails (re-run)