Chinese stocks surged in late Hong Kong trade on Monday in the latest government announcement promising action to boost its stuttering economy.
China ADRs rally. Among the Stocks from the China ADRs list with a market copitalization of over USD 1bilion, ranked by the top 10 highest price increases on 9/12/2024, $Tiger Brokers(TIGR)$ soared 26%, $Bilibili Inc.(BILI)$ gained 22%, $XPeng Inc.(XPEV)$ , $NIO Inc.(NIO)$ , $iQiyi Inc.(IQ)$ , $KE Holdings Inc.(BEKE)$ rose over 10%. $Direxion Daily FTSE China Bull 3X Shares(YINN)$ soared 23%, $Direxion Daily CSI 300 China A Share Bull 2X Shares(CHAU)$ gained 13.32%
However, Chinese stocks dropped in pre-market trading as investors awaited more details on potential stimulus measures and considered unwinding some of the bullish bets placed last week.
I would like to invite you to share your thoughts on Chinese stock in the comments section, and if you own the stock, feel free to show your position!
How to Participate:
Feel free to leave a comment, share your stock holdings, and let’s discuss whether you think the pullback is a buying opportunity.
How to share positions?
Sharing positions is easy. From your account holdings interface “trade”, then you can click "Share" by each of your stock holdings to share with the community how much money you have made (or lost) on your investments.
Do not forget to take a screenshot of your positions and post them in the comment sections below.
There are tons of coins waiting for you !
🎁 Reward Details
All participants will receive 5 Tiger Coins. Additionally, there are chances to win the following rewards:
🍀 Lucky Trader: We will select the most interactive, insightful, or highly liked comment to receive a USD 5 stock voucher.
👑 Profit King : One trader with the highest profit will receive a USD 5 stock voucher.
⏰ Events Duration
From 10 December 2024 to 17 December 2024
Please leave a message in the comments section of this post . Make sure you include a screenshot of your position as well.$Tiger Brokers(TIGR)$
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