Bryan_
:
Why are they following the futures when it has so less volumes bro? It definitely somehow "predicted" the future prices but with such low volumes nobody knows what's gonna happen on the day before the HK market starts.
loozoo
OP
Bryan_
:
I see. so both YINN and HSI futures are just playing guesses at the same time. One is US and foreign players, another is mainly HongKong/China players.
104421401
:
It should be this index.Ftxin25, which corresponds to Hong Kong stocks. Fix is a fund. The constituent companies corresponding to this index are 50 large companies
Crypto firms, notably miners, use leverage in their operations. Many crypto stock owners are reluctant to own digital assets directly. Crypto stocks may have excelled due to their undervaluation post-market exit following FTX's 2022 collapse and Bitcoin price drop. The re-entry of these investors as Bitcoin rallies could also be a contributing factor.
FTSE China H50 Index Futures Current Contract Forum
YINN chart looks worse (bearish chart) compared to HSI futures. Is it manipulation or just pure regional sentiment and lagging?
$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $HSI Futures(NOV4) (HSImain.HK)$ $FTSE China 50 Index (.FTXIN25.HK)$ $iShares China Large-Cap ETF (FXI.US)$
YINN is basically 3X of non-leveraged $iShares China Large-Cap ETF (FXI.US)$ Which comprises China 50 index (largest cap and liquidity listed on HK exchange) $FTSE China 50 Index (.FTXIN25.HK)$ Use HSI futures to see extended hour session of HSI until 3am GMT+8 (upto an hour before US market closes) $HSI Futures(NOV4) (HSImain.HK)$
Is the underlying for YINN FTSE China 50Index?
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