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%.
Electric Vehicle Stocks Rip Big Gains After Beijing Developments
U.S. stocks fluctuated | Chinese electric vehicle stocks rose, Xpeng Motors (XPEV.US) increased over 13%.
Chinese concept electric vehicle stocks rose, as of the time of writing, Xpeng Motors increased by over 13%.
China Will Adopt a "Moderately Accommodative" Monetary Policy in the Next Year, The First Shift to Easing Since 2011
Vehicle-Sales Jump Bodes Well for U.S. GDP -- Market Talk
NIU Technologies Launches Nationwide Direct-to-Consumer Sales Platform for Electric Dirt Bikes
