Star bullish on Chinese assets, YINN surges another 8%

Before the resumption of trading in the A-share market in China, on October 7th, Chinese assets surged in the pre-market session, with the star being the Direxion FTSE China Bull 3X ETF, which rose nearly 8%. The Roundhill China Dragons ETF rose nearly 3% in pre-market trading. Previously, the State Council Information Office announced that a press conference will be held on Tuesday (the 8th) to introduce the situation regarding the "comprehensive implementation of a package of incremental policies to solidly promote the improvement of the economic structure, the continuous improvement of the development trend"

Before the resumption of trading in the A-share market in China, on October 7th, Chinese assets surged in the pre-market session, with the star long position in Chinese assets - Direxion FTSE China Bull 3X ETF, rising nearly 8%. The Roundhill China Dragons ETF rose nearly 3% in pre-market trading. Previously, the State Council Information Office announced that a press conference will be held on Tuesday (the 8th) to introduce the situation regarding the "systematic implementation of a package of incremental policies to solidly promote the upward structural optimization and continuous improvement of the development momentum"

Source: LB Select The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.