China Equity Strategy_ A-Share Sentiment Dropped as Market Volume Receded
-·2024-12-30 07:22
Exhibit 6: ChiNext turnover (scaled to 0-100% based on the percentage away from its high and low levels since January 2014) vs. CSI 300 Exhibit 7: Equity futures turnover (vs. three months ago; scaled to 0-100% based on the percentage away from its high and low 300 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Mar-14Oct-14May-15Dec-15Jul-16Feb-17Sep-17Apr-18Nov-18Jun-19Jan-20Aug-20Mar-21Oct-21May-22Dec-22Jul-23Feb-24Sep-24 RSI-30D* CSI300 (RHS) -60% -40% -20% 0% 20% 40% 60% 80% 100% Mar-14Sep-14Mar-15Sep-15Ma ...