$Direxion Daily FTSE China Bull 3X Shares(YINN)$
Last night, the FTSE China 3x Bull ETF (YINN) plummeted by 30%, while the FTSE China 3x Bear ETF surged by 35%.
After several days of sharp rises in the A-share market, the pressure from profit-taking has increased. Chasing highs for fear of being trapped, and clearing out for fear of missing out, what should one do? A balanced allocation between A-shares and Hong Kong stocks, with moderate rotation, may help alleviate the above anxieties.
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