The Direxion Daily FTSE China Bull 3X Shares (YINN), a leveraged exchange-traded fund tracking Chinese stocks, experienced a volatile trading session on Tuesday. The fund plunged as much as 11.7% in the pre-market period, following a broader weakness in the tech sector and concerns over China's policy direction.
The initial sell-off in YINN came amid a decline in the Nasdaq Composite, which fell 0.3% in the morning session. However, the tide turned as news emerged that China's top leaders had signaled a shift towards a more "appropriately loose" monetary policy in 2025, aiming to provide stronger economic support.
In response to this policy announcement, Chinese stocks and related ETFs rallied sharply, with YINN leading the charge among leveraged China-focused funds. The news reignited investor enthusiasm for Chinese assets, as the country aims to drive economic growth through measures such as potential interest rate cuts and increased fiscal spending.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。