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Chinese stocks have recovered early....>

CHINA STOCKS
CHINA STOCKS: Chinese stocks have recovered early losses with the Hang Seng
gaining slightly and the CSI300 trading flat. The Hang Seng is eroding through
downtrend support from the Sep highs, triggering a potential bullish trend
change. 
- Margin balances have fallen back to their lowest levels since 2014 which could
be considered a contrarian indicator. 
- Worries of trade tensions amid the U.S. & Germany reportedly look to tighten
the Screws on Huawei & ZTE appear to have faded. 
- Economic information daily reported today that relevant government departments
are preparing to draft documents to promote the high-quality development of
National Economic and Technological Development Zones (NETDZ), which will be
given more reform autonomy.

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