Painful Week for Individual Investors Invested in GigaCloud Technology Inc. (NASDAQ:GCT) After 7.7% Drop, Institutions Also Suffered Losses
China Central Economic Work Conference: A Key Indicator for Future Market Trends
Insider Sale: Chief Technology Officer of $GCT (GCT) Sells 80,000 Shares
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
GigaCloud Technology Call Volume Above Normal and Directionally Bullish
