There's Been No Shortage Of Growth Recently For China Automotive Systems' (NASDAQ:CAAS) Returns On Capital
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%.
China Will Adopt a "Moderately Accommodative" Monetary Policy in the Next Year, The First Shift to Easing Since 2011
12 Consumer Discretionary Stocks Moving In Monday's Pre-Market Session
China Automotive Systems (CAAS.US) plans to repurchase up to $5 million in stocks over the next 12 months.
China Automotive Systems announced that its board of directors has approved a share buyback plan of up to $5 million in the USA, which will regularly repurchase shares in public market transactions over the next 12 months at a price not exceeding $5.50 per share.
