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Lexin Outdoor (02720.HK) opened more than 96% higher on its first day of trading in Hong Kong, at HK$24.02 per share.February 10th - Tencent Wealth Managements current account + 7-day annualized yield ranges from a high of 1.5020% to a low of 0.8300%, WeChat Pays 7-day annualized yield ranges from a high of 1.1890% to a low of 1.0280%, and Alipays Yuebaos 7-day annualized yield ranges from a high of 1.12390% to a low of 1.0070%.On Tuesday, February 10, the Hong Kong Hang Seng Index opened 175.8 points higher, or 0.65%, at 27,202.96; the Hang Seng Tech Index opened 44.36 points higher, or 0.82%, at 5,461.96; the H-share Index opened 58.23 points higher, or 0.64%, at 9,226.56; and the Red Chip Index opened 5.7 points higher, or 0.13%, at 4,401.19.Hong Kong stocks opened higher, with the Hang Seng Index up 0.65% and the Tech Index up 0.82%. Zijin Mining (02899.HK) rose nearly 3%, Pop Mart (09992.HK) and NetEase (09999.HK) both rose more than 2.3%, and JD.com (09618.HK), Alibaba (09988.HK), and SMIC (00981.HK) all rose more than 1.1%.On February 10th, the State Administration for Market Regulation (National Standardization Administration) approved and released a batch of important national standards covering emerging fields, transportation and logistics, ecological and environmental protection, work safety, and peoples livelihoods. These standards will play a significant role in improving the quality of life and protecting the safety of life and property. In emerging fields, five national standards were released, including those for brain-computer interfaces and digital twins, clarifying basic specifications such as reference frameworks and data formats to support high-quality development in cutting-edge technologies. Forty-seven national standards were released, including those for aluminum nitride single-crystal polished wafers and carbon fiber reinforced composite materials, to support the innovative development of the new materials industry. Fifteen national standards for laboratory animals were released, including technical specifications for animal model identification and evaluation and methods for detecting dermatopathogenic fungi, to better support biotechnology research and application through laboratory animals.

Despite Bearish BTC Session, BTC Fear & Greed Index Avoids Sub-30

Daniel Rogers

Nov 08, 2022 16:18

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Bitcoin (BTC) declined by 1.54% on Monday to end the day below $21,000 for the second consecutive session. BTC and the broader market dissociated from the NASDAQ Composite Index, as crypto investors await the US CPI report this week. The Bitcoin Fear & Greed Index decreased from 33/100 to 31/100 as the bearish BTC session weighed on the index.

 

Bitcoin (BTC) decreased by 1.54% on Monday. Sunday's closing BTC price was $20,609, following a 1.79% fall. Notably, Bitcoin closed the day for the second consecutive session below $21,000.

 

BTC reached a day's early high of $21,083 despite a shaky start. BTC reached a late-day low of $20,421 after failing to surpass the First Major Resistance Level (R1) at $21,240. Before partially recovering to $20,609, BTC fell through the First Major Support Level (S1) at $20,762 and the Second Major Support Level (S2) at $20,592.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads beginning at 0 pips and commissions of $3.50 every 100k traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

A lackluster economic calendar in the United States hindered BTC. This week, US inflation, retail sales, and consumer sentiment data will impact market sentiment towards the US economy and a December Fed turn.

 

However, the NASDAQ Composite Index increased by 0.85% on Monday, as optimism surrounding the US midterm elections provided support. Later today, the US economic calendar will feature another day of inactivity, leaving investors in suspense as the attention remains on the midterm elections. The NASDAQ mini was up 15.5 points this morning.