Pronounced Wild Swings Observed in China ADRs
The wild swings of 1% to 3% (or more) within milliseconds are more pronounced in China ADRs from what I observe.
Yes, the semis are selling off and moving erratically, too. But nothing like the ones in China ADRs, which are mostly UP on huge volumes.
$Alibaba(BABA)$ $BABA-W(09988)$ $JD.com(JD)$ $JD-SW(09618)$ $Baidu(BIDU)$ $BIDU-SW(09888)$ $Tencent Music(TME)$ $TME-SW(01698)$ $KraneShares CSI China Internet ETF(KWEB)$ $NIO Inc.(NIO)$ $NIO-SW(09866)$
PDD just had an insane island reversal - an extremely bullish technical pattern. It's now even back above the 200 day MA
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2.It’s Uptober for Chinese stocks. There, I said it.
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3. $BABA-W(09988)$ 's Stock Connect ownership by mainland investors soars to 431.6m shares or 2.23% of total outstanding as of 9/30 (two days delayed).
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https://twitter.com/BrianTycangco/status/1841147976783466722
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- QiaoLing·10-06这篇文章不错，转发给大家看看LikeReport