Shares of Chinese stocks and exchange-traded funds (ETFs) saw a significant rally in overnight trading, leading to an 8.67% soar in the Direxion Daily FTSE China Bull 3X Shares (YINN) ETF over the past 24 hours.
The rally was fueled by anticipation surrounding an upcoming joint briefing scheduled for Thursday by officials from the Chinese Housing Ministry, People's Bank of China, Finance Ministry, and National Financial Regulatory Administration. The market appears to be positioning for potential positive news or policy announcements from this briefing.
Several Chinese companies and ETFs saw notable gains, with YINN surging 8%, KE Holdings jumping 5%, and CHAU, Trip.com, and Bilibili all rising around 3%. The broader sentiment towards Chinese assets appears to be improving, driving the influx of buying interest.
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。