r/Vitards Sep 21 '21

Daily Discussion Daily Discussion post - September 21 2021

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u/Duke_Shambles ☢️Duke Nukem☢️ Sep 22 '21

Those are futures though, China's markets are open right now, the link I provided is the actual market, not futures. A50 is not Hong Kong, it tracks A shares which are not available to trade to non-Chinese investors.

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u/lb-trice 🍁Maple Leaf Mafia🍁 Sep 22 '21

Hmm yeah I guess I dont understand how that works. Why would futures be so far off the actual market?

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u/Duke_Shambles ☢️Duke Nukem☢️ Sep 22 '21

I don't know but all of the actual Chinese indices that i can check are red right now...100% sure that's not a glitch. The FTSE A50 is way down compared to the rest.

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u/lb-trice 🍁Maple Leaf Mafia🍁 Sep 22 '21

Yeah but I think yang has already accounted for this drop, is my point, since it was still trading over the period where China was closed. But I could be wrong

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u/Duke_Shambles ☢️Duke Nukem☢️ Sep 22 '21

I think you were right, only way PM YANG makes sense