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Chinese stocks are under pressure......>

CHINA STOCKS
CHINA STOCKS: Chinese stocks are under pressure following the big miss in the
Caixin services PMI, which came in 2 points below expectations at 50.8%. The
CSI300 remains below Friday's high and the Oct 22 high. The index remains in its
broader downtrend, with a close above 3050 needed to break down trendline
resistance from the May highs. 
- The HSI is clinging to the 26000 level but remains locked in a downtrend,
capped by the 55-dma which comes in at 26730.  

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