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China Central Economic Work Conference: A Key Indicator for Future Market Trends
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%.
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tian liang : what time?
Ibnu Umar OP : The news was issued on 28/8/2024 giving them 180 days to comply with the requirements. If the share price could go up to at least half of the requirement i.e 0.50 then you will be smiling with huge profit
tian liang Ibnu Umar OP : 给他们的时间不多了，三个月
Ibnu Umar OP tian liang : Yup, hopefully they will find ways to save the company from delisting
hopeful Andy : that not going to happen
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