The consequences of the energy crisis are already visible in the chinese economy with the manufacturing index PMI falling below 50. In fact, this is not a concern. But it could be if it stays below 50 next month or, in the worst case, falls even lower.

Investment buying interest has emerged in China's technological sector after falling to new multi-year lows and this creates an interesting development. The fact that the technological sector is trying to recover globally is a positive development for the Chinese industry.

However, what will be the catalyst for the change of trend and the effort for a move to higher levels, will be the return of big investors and investment houses to China and Chinese stocks.

In addition, the leak of the possibility for an online meeting to be thrown between the Presidents of the United States and China, led to a rise in investment sentiment. In any case, volatility and sharp fluctuations are commonplace in the current period and this requires increased reflexes.

Energy problems in China are affecting not only the Chinese economy but also US companies as many of the US companies' suppliers are located in China. For example, ASE Technology Holding Co. is a company that runs quality controls on semiconductors and then packs them to be sent and used for Apple products. The shut down of the company inevitably affects Apple, as shown in the graph below.