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"Father of emerging markets" responds to Wall Street's call to "go long on china": stock market frenzy not over yet.
Maipusi said that the Chinese stock market will have a larger range of upside potential under the policy support for economic growth.
Hong Kong stocks continue to celebrate during the National Day holiday, with the Hang Seng Index soaring by 17% in just one week! Bullish sentiment is high in the A-share market before the opening.
Since the temporary low point in September, the Hang Seng Index has surged by over 35%; traders are anxiously awaiting the holiday data and the gradual release of fiscal stimulus details.
A stock market is closed, but A stock etf is still soaring!
"Bets on China" trades are hot, with funds flowing continuously from A-shares during holidays to Hong Kong, US-related ETFs. The ChinaAMC STAR50 ETF listed in Hong Kong once rose over 200%, with many Chinese concept stock ETFs soaring together. Market observers have noticed that funds from other regions in Asia are flowing back into the Chinese stock market.
Interpretation of the Chinese Central Political Bureau Meeting: Focus on the Internet and Undervalued State-Owned Enterprises | Moomoo Research
China Stops Releasing Real-time Foreign Fund Flow Data
Direxion Daily CSI 300 China A Share Bull 2X Shares Declares Quarterly Distribution of $0.0534
