---
title: Another day, another loss for chinese stocks.
description: "According to Guotai Junan Futures, there are about 30 billion yuan ($4.2 billion) of snowball derivatives products tied to the CSI 1000 Index are near levels that trigger losses at maturity, according to Guotai Junan Futures Co, as the stock rout in China's stock market pushes the derivatives to near knock-in levels. Another 60 billion yuan of the derivatives are 5%-10% away from their knock-in thresholds!\nSource: www.zerohedge.com"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Another day, another loss for chinese stocks.](https://blog.syzgroup.com/syz-the-moment/sgs-under-pressure-on-long-term-swing-support-0-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1705-34db3435)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jan 18, 2024, 7:48:38 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/sgs-under-pressure-on-long-term-swing-support-0-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1705-34db3435)

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