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Market review: January 14, 2016

Fang submitted 2016-01-14 15:31:05

Market review:

The shanghai Composite Index gained 2 percent to 3,007.65 at the close as Smallcaps jump.

Research Notes:

1.Offshore yuan fall vs dollar.

2.Nearly 90 listed companies say that major shareholders won’t cut shareholding .

3.PBOC inject net CNY 40 billion this week.

See some value around the technical support of 2850. Continuing turbulence to test support at the bottom.

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