The Direxion Daily FTSE China Bull 3X Shares (YINN) experienced a significant surge of 9.82% in the pre-market session on Monday. This rally can be attributed to China's shift in monetary policy, as announced by the Communist Party's Politburo.
China's top policymakers revealed that they will embrace a "moderately loose" monetary strategy next year, marking the first major shift since 2011. This indicates a more accommodative stance, with greater easing measures likely to be implemented to stimulate the economy.
Additionally, authorities stated that they will implement a "more proactive" fiscal policy, suggesting increased government spending and borrowing to support growth. These policy changes were welcomed by investors, leading to a broad rally in China ETFs and ADRs overnight.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。