Stock Track | Direxion Daily FTSE China Bull 3X Shares (YINN) Plunges 11.7% in Pre-Market Amid Volatile Trading and Policy Uncertainty

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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.

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