China related stocks have surged a lot during the past few d...
China related stocks have surged a lot during the past few days.
Mainly because change in the gov policy.
Overall economy and market has laid low for quite some time in China mainland after covid. Thus, the gov has decided to boost the economy, following the FED rate declines.
Market reacted immediately, mostly by the sentimentand high hope. But let's see the company performance for the last quarter.
Personally, this might be an overwhelming experience. High price, high expectation. If the economy cannot fulfill, the market will run without any hesitation.
With the hype in China, will be adversely impacting to other Asean countries.
So, watch out.
Futu gets the best of this round. Nice job.
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