💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
China Galaxy: Approved to publicly issue subordinate bonds with a total face value of no more than 20 billion yuan to professional investors
China Galaxy Securities Announcement: Recently, the company received the “Approval for the Registration of China Galaxy Securities Co., Ltd. to Publicly Issue Subordinated Bonds to Professional Investors” issued by the China Securities Regulatory Commission. The approval agrees that the company may publicly issue subordinated bonds with a total face value of no more than 20 billion yuan to professional investors. This approval is valid for 24 months from the date of registration approval, and the company may issue the subordinated bonds in installments within the registration validity period.