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U.S. stock movement | Chinese concept pharmaceutical stocks rise, Burning Rock Biotech (BNR.US) increases by over 19%.
Chinese medicine stocks are rising; as of the time of writing, Burning Rock Biotech has increased by over 19%.
Burning Rock Biotech Ltd (ADR) Trading Halted, Volatility Trading Pause
Press Release: Burning Rock Announces Results of 2024 Annual General Meeting
The market closely monitors overseas trends, and Burning Rock Biotech (BNR.US), which has seen its stock price increase nearly twice, has entered a period of consolidation.
With the collaboration between Burning Rock Biotech (BNR.US) and BGI Genomics, along with the disclosure of Burning Rock Biotech's Q3 2024 Earnings Reports, Burning Rock Biotech experienced a rapid rise in market performance in November and December of this year.
China Central Economic Work Conference: A Key Indicator for Future Market Trends
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.
