[Special Webinar] Is It Too Late to Join the Chinese Stocks Rally?

Mainland and Hong Kong markets are closed for the National Day holidays today, putting a pause on what was an exhilarating rally in Monday trading. But traders are already looking ahead to Wednesday, when the Hong Kong market will reopen.

Chinese stocks had their best day since 2008 on Monday, sweeping to their biggest single-day gains in 16 years on Monday, amid the most aggressive stimulus measures announced by Beijing since the pandemic.

Here’s a quick look at how the major Chinese indices performed:

• CSI300 blue-chip index up 8.5%

• Shanghai Composite Index up 8.1%

• Shenzhen Stock Index up 11%

• Hang Seng Index up 2.4%

The likes of Nio, Xpeng, Ping An and Chinese battery manufacturer Contemporary Amperex Technology were all up more than 10% in Monday trading, while the likes of Alibaba were up 7.3%.

Chinese markets, including Hong Kong, are closed today for the Golden Week holiday. But traders are wondering if this blistering rally will continue when the Hong Kong market reopens tomorrow.

Is it too late to join the rally?

This afternoon, we will hold a special webinar to discuss the Chinese stocks rally. Our chief market strategist Isaac will share his thoughts on the current rally, and where he sees it heading in the days and weeks ahead.

Isaac will analyse some Chinese stock picks LIVE on Trader’s Edge, breaking down stock charts to forecast upcoming trends.See you online at 4pm!