Stimulated by the assets and positive policies in China, there has been a sharp rebound. Despite a decline on Thursday, the market continues to rise this week.
Chinese stocks have surged significantly, with US-listed China ADR stocks also skyrocketing. Looking at the rate of rise and fall in the past 10 days... $Bilibili (BILI.US)$Stock price has doubled, $Futu Holdings Ltd (FUTU.US)$has risen by about 90%, $KE Holdings (BEKE.US)$has risen by 75%, $JD.com (JD.US)$、 $PDD Holdings (PDD.US)$have also risen by over 55% each.
Furthermore, with the strong market performance and expectations of powerful stimulus measures, overseas investors are quietly changing their stance towards the China Connect market. Overseas hedge fund capital is flowing in continuously. When looking at the performance of US-listed China Connect ETFs, multiple China Connect ETFs are showing strong recovery and reaching new highs.
$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$In the past 10 days, there have been approximately 1...