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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
Express News | Garden Stage Ltd Files for Mixed Shelf of up to $100 Mln - SEC Filing
Express News | U.S.-Listed Shares of Chinese Firms Drop Premarket on Worries Over Growing U.S.-China Trade Tensions Under Trump Presidency
Apollo's CEO: The past 15 years of good fortune in the global asset management industry has come to an end, and in the future, we need to seize these four huge opportunities.
Marc Rowan stated that in the past fifteen years, Apollo's management assets have grown by 16 to 17 times, actually surpassing apple and microsoft, but the lucky streak of the past 15 years has ended, and in the future, we need to seize four huge opportunities - global industrial revival, huge capital needs of global large companies, retirement market with a large demand for fixed income, and rethink the public and private market.
Goldman Sachs Raises China Economic Growth Forecasts
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Luvgg OP : looks like it wouldn't go pass 70 cents today. this week could be an interesting week for Chinese stocks as China has now adopted a monetary model