Big news! Chinese assets are soaring across the board!
Chinese assets are experiencing a unique uptrend!
Last night, most global markets fell sharply due to Iran's missile attack on Israel. This morning, Japanese and Korean stock markets also fell across the board. However, Chinese assets have emerged at this time. Last night, the triple long FTSE China ETF soared by more than 12%, and the Nasdaq China Golden Dragon Index rose by more than 5%.
This morning, Hong Kong stocks exploded again. The Hang Seng Technology Index rose by 6%, the Hang Seng China Enterprises Index rose by nearly 4%, and the Hang Seng Index rose by more than 3%. Chinese brokerage stocks continued to rise sharply, Shenwan Hongyuan Hong Kong rose by more than 63%, Xingzheng International rose by more than 39%, Guotai Junan International rose by more than 21%, CITIC Securities rose by more than 13%, Everbright Securities rose by more than 8%, CICC rose by more than 7%, and China Galaxy rose by more than 6%. The Hang Seng Technology Index rose by 4.5%. A50 and the RMB also rose sharply at the same time.
Chinese assets rose across the board
Last night, US stocks fell across the board, and had an impact on the Asia-Pacific market this morning. But this did not affect the trend of Chinese assets. Last night, the triple long FTSE China ETF soared by more than 12%, the Nasdaq China Golden Dragon Index rose by more than 5%, and Pinduoduo rose by 8%.
