China ETFs, Tech Stocks Looking Plungy

The bottom chart is the 3X Daily Inverse China fund, YANG.

Here are some tech-related China stocks listed in the U.S. Alibaba (BABA), CTrip (CTRP), Fang Holdings (SFUN), Weibo (WB) all display topping patterns, Jingdong (JD) and Netease (NTES) already breaking down.

Consumer Credit Forecast to hit 37 Trillion by 2019

EO: 混战消费金融

consumer credit market will usher in huge opportunities for development. Whether the central bank credit card, consumer finance companies, or to BAJ (Baidu, Ants Financial, Jingdong Finance) as the representative of Internet financial institutions are planning how to win a share of one trillion blue ocean market. 2016 government work report will undoubtedly aggravate the market competition.

"In the nationwide consumer finance company pilot, to encourage financial institutions to innovative consumer credit products." 2016 government work report the case statements. Market from banks is expected, by 2019 China will be the scale of consumer credit more than 37 trillion. However, market participants all, who better to win consumers?

Currency adjusted that might be more like a 50 trillion market.

Online Retailer Jingdong Joins the High Interest Rate WMP Market

Chinese E-commerce Giant Jingdong Launches Crowdfunding Platform

E-commerce and internet giant Jingdong (JD) launched a new crowdfunding platform this week. Called “Feniziqian” the site has listed 12 initial projects and is similar in approach to Demohour – presently the largest Chinese crowdfunding site.

Here is the crowd-funding site.

Here are two WMP products for investors available. The lower interest rate one launches today.