1D Rally for China Stocks Over? Are Your Holdings Back to Breakeven??

Tiger_comments
09-25
Reward Tiger-CoinsReward 500 Tiger-coins

US stocks rose to new highs on Tuesday, with $S&P 500(.SPX)$ recording its 41st closing record of the year.

But surprisingly, Chinese concept stocks in the U.S. saw widespread gains, influenced by positive policies such as the central bank's reduction of existing mortgage rates, further reserve requirement cuts, and strong development of equity funds, along with arrangements for medium- and long-term capital inflows.

$NASDAQ Golden Dragon China Index(HXC)$ rose over 9%, marking its largest single-day gain since 2022.

$Direxion Daily FTSE China Bull 3X Shares(YINN)$ closed nearly 30% higher, $KraneShares CSI China Internet ETF(KWEB)$ surged 10%, $iShares China Large-Cap ETF(FXI)$ increased over 9%, and $X-trackers Harvest CSI 300 China A-Shares Fund(ASHR)$ was up 8%.

Led by the policy, star China stocks like $Alibaba(BABA)$ and $PDD Holdings Inc(PDD)$ also surged. Many tigers can recover from their previous losses.

However, in pre-market trading today, most Chinese concept stock ETFs have started to decline, with YINN down 12%. The $HSI(HSI)$ initially surged before closing up 0.4%.

In contrast, the inverse ETF $Direxion Daily FTSE China Bear 3X Shares(YANG)$ rose 12% in pre-market trading, and $ProShares UltraShort FTSE China 50(FXP)$ was up 6%.

Why did the bull market last only a day?

Analysts believe that the sudden surge prompted profit-taking from investors and insititutions. Additionally, this increase coincided with the National Day holiday in China, creating a demand for leveraged funds to withdraw.

Is the one-day rally over for China stocks?

Do you long or short on China stocks?

Are your China stock holdings back to breakeven?

Leave your comments and also post to win tiger coins~

Policy Falls Short? Is China Stocks Bull Market Over?
The 12th session of the Standing Committee of the 14th National People's Congress announced debt-reduction measure: raising the debt ceiling for local governments by 6 trillion yuan. It is lower than the rumored $10 trln stimulus policies. ------------------ Is the bull market over or not? How do you view the policies?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Reward expired
205 tiger-coins have been distributed to 12 participants
Deadline to 10/16 12:07
Reward-post

Comments

  • icycrystal
    09-25
    icycrystal
    Win 15 Tiger-coins

    didn't get any Chinese stpcks back then, was buying SG stocks instead.

    @HelenJanet @rL @SPACE ROCKET @TigerGPT @GoodLife99 @Universe宇宙 @LMSunshine @koolgal @Shyon @Aqa

    Is the one-day rally over for China stocks?


    Do you long or short on China stocks?


    Are your China stock holdings back to breakeven?


    Leave your comments and also post to win tiger coins~

    • TigerGPT

      根据查询,以下是关于中国股票市场的新闻报道和观点:

      标题:中国股市的上涨可能是一场“可交易的”反弹 - 但需要小心对待摘要:同时,市场的波动性意味着这可能不是一场适合胆小者的反弹。iShares中国大盘ETF FXI上涨了9.8%,KraneShares中国互联网ETF KWEB上涨了10%。链接:中国股市的上涨可能是一场“可交易的”反弹 - 但需要小心对待

        

      标题:亚洲股市上涨,原因是对进一步的美国降息和中国刺激措施的乐观摘要:首尔股市以美联储进一步降息和中国刺激措施的乐观情绪推动下上涨。韩国综指上涨了1.14%,至2,631.68。这是连续第六个交易日的上涨。链接:亚洲股市上涨,原因是对进一步的美国降息和中国刺激措施的乐观

        

      标题:上证指数收盘上涨4.15%,四年来最大单日涨幅摘要:上证指数在周二上涨了4.15%,报收于四年来的最大单日涨幅。链接:上证指数收盘上涨4.15%,四年来最大单日涨幅

        

      希望以上信息对您有所帮助。请注意,最近中国股票市场经历了一次上涨,但市场仍存在波动性。投资涉及风险,请根据自己的投资策略和风险承受能力做出决策。

      请注意,上述内容仅供参考,不构成投资建议。

  • Aqa
    09-25
    Aqa
    Win 25 Tiger-coins
    The Fed’s rate cut has lended a hand to Chinese concept stocks in the U.S. with widespread gains, influenced by positive policies such as the central bank's reduction of existing mortgage rates, further reserve requirement cuts, and strong development of equity funds, along with arrangements for medium- and long-term capital inflows.$NASDAQ Golden Dragon China Index(HXC)$ rose over 9%, marking its largest single-day gain since 2022.$Direxion Daily FTSE China Bull 3X Shares(YINN)$ closed nearly 30% higher, $KraneShares CSI China Internet ETF(KWEB)$ surged 10%, $iShares China Large-Cap ETF(FXI)$ increased over 9%, and $X-trackers Harvest CSI 300 China A-Shares Fund(ASHR)$ was up 8%. $Alibaba(BABA)$ also surged.This has prompted profit-taking from investors and insititutions. The market has overestimated Fed easing. It is now in cautious mood as the market is vulnerable to exogenous shocks from volatility-inducing events including the U.S. elections. Thanks @Tiger_comments @icycrystal
  • GoodLife99
    09-25
    GoodLife99
    Win 20 Tiger-coins
    has been DCA for Chinese stocks, almost break even, will be holding for it as I realised chasing for dip is better then chasing at the high point end up always but at the peak! Still learning hard to be patient and patient!
  • TimothyX
    09-25
    TimothyX
    Win 5 Tiger-coins
    美國股市週二升至新高,$S&P 500(.SPX)$創下今年第41個收盤紀錄。

    但令人意外的是,受央行下調存量房貸利率、進一步降準、權益基金髮展強勁等利好政策以及中長期資金流入安排的影響,在美中概股出現了普遍上漲。

    $納斯達克金龍中國指數(HXC)$漲超9%,創2022年以來最大單日漲幅。

    $Direxion每日富時中國牛市3倍股(YINN)$收高近30%,$金瑞中證中國互聯網ETF(KWEB)$大漲10%,$iShares中國大盤ETF(FXI)$增長超過9%,以及$X-trackers嘉實滬深300中國A股基金(ASHR)$上漲了8%。

    在政策引領下,明星中概股如$阿里巴巴-SW(BABA)$和$拼多多控股公司(PDD)$也激增。許多老虎可以從之前的損失中恢復過來。

  • Success88
    09-25
    Success88
    Win 15 Tiger-coins
    Up and down like roller coaster Just invest in good company and will be ok with China stock I am looking into $Naura Co.,Ltd.(002371)$ as they also doing semiconductor machine
  • highhand
    09-25
    highhand
    Win 25 Tiger-coins
    no HK/CHINA rally is not over but everyone's taking profit whenever there's a flush up. that's because everyone waited so long and losing patience with China/HK. I couldn't wait and sold BABA at almost break even. re invested in higher growth US stocks. 
    Another way to get income is to sell covered calls on your ChinaHK stocks when there's a flush up. 
Leave a comment
20
7