Direxion Daily FTSE China Bull 3X Shares (YINN) surged 9.42% in pre-market trading, reflecting a sharp rebound in leveraged bets on Chinese equities.
The rally aligns with growing recognition of China's decentralized stimulus efforts, which include debt refinancing for local governments, selective property market support, and state-led infrastructure investments. While these measures lack the visibility of traditional stimulus, they have stabilized key sectors and improved investor sentiment toward Chinese assets.
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