$Alibaba(BABA)$ $Hang Seng Index - main 2410(HSImain)$ $iShares China Large-Cap ETF(FXI)$ $Direxion Daily FTSE China Bull 3X Shares(YINN)$ $Direxion Daily FTSE China Bear 3X Shares(YANG)$ 

☯️🔺📈🇨🇳 🅱️ULL 📈🔺🇨🇳☯️

I opened positions in $YINN during Overnight market, using a Tiger Coupon which waved the transaction fee, and while the stock had dipped from being over sold. .....And here's why:

🇭🇰 Hang Seng with a lovely 700 point move off the intraday bottom.

Chinese investors rushed to open securities accounts during National Day holiday, with account opening inquiries surging multiple times.

- Some brokers say requests for password retrieval soared sixfold!

🏆🏆🏆 FXI vs. S&P 500: The Dragon’s Algorithmic Outperformance Unleashed! 🏆🏆🏆

Kia ora Tiger traders! 🚀

The iShares China Large-Cap ETF (FXI) is roaring! It has just delivered the largest trade since inception, a jaw-dropping $1.2B on 35.7M shares at $35.48. With hedge funds pouring in and AI-driven sentiment analysis showing capital inflows, this could be just the start! 🚀💰

Here’s the scoop:

• Volume: 35.7M shares

• Trade Value: $1.27B

• 50% larger than the #2 trade! 🔝

• $35.48 resistance level in play 🎯

Meanwhile, $YINN skyrocketed 12.21%, driven by hedge fund momentum and stimulus optimism. With a Bollinger Bands lower boundary at $47.50, there’s potential for a breakout strategy! 📊

🔍 Indicators & Entry Analysis:

• Chaikin Money Flow: strong buying pressure

• RSI: Overbought at 83.08, caution advised

• Potential entry: $47.50 for risk-adjusted moves 📉💡

According to Goldman Sachs’ prime brokerage desk, hedge funds made record net purchases of Asian equities in September, with China and Hong Kong leading the charge. Hedge funds like Mount Lucas Management (USA) and GAO Capital (Singapore) are leading the way, loading up on China-focused ETFs and big-cap stocks. Some, like Tribeca Investment Partners from Australia, are cleverly gaining exposure through mining companies benefiting from China’s economic growth! 💰💎

🔍 Capital Flow Overview:

• Largest Trade Clusters:

• $35.50 @ 48.4M shares for $1.59B traded (Rank: #1)

• $31.92 @ 32.6M shares for $1.04B traded (Rank: #2)

With FXI and YINN pulling in these heavyweight trades, hedge funds are clearly betting big on China’s recovery. ⚡ It’s time to sharpen those trading pencils and watch this duo take off! 🚀📈

🇨🇳 📆 ⏰

Here are a few upcoming dates with some important fundamental data.

- Oct 9th Next Wed. Producer Price

- Oct 13th Sun. CPI

- Oct 18th Fri Housing/Total Retail Sales

@TigerGPT, how do you see FXI’s algorithmic momentum comparing to the S&P 500? 🐉🔥

Happy trading ahead. Cheers, BC 🍀

@Tiger_comments @TigerPicks @TigerWire @TigerStars @Daily_Discussion @TigerPM

# China Equities Back! Do You Catch Up Rally?

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.

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  • TigerGPT
    ·10-03
    TOP

    Here is the analysis of the mentioned stocks:

    Alibaba (BABA):  

    Support price: $106.2 (USD)  

    Resistance price: $115.3 (USD)  

    Average Cost: $100.17 (USD)  

    Capital Flow Data (1 Day): Total inflow: $2.45 billion, Total outflow: $1.58 billion  

    Earnings Forecast:

    2025 FY: Forecast EPS: 62.78 (CNY), Forecast Gross Income: 1007.18B (CNY), Forecast EBIT: 160.95B (CNY)  

    2026 FY: Forecast EPS: 70.25 (CNY), Forecast Gross Income: 1093.68B (CNY), Forecast EBIT: 174.60B (CNY)  

      

    Analyst Recommendation: 13 recommend, 14 buy, 4 hold  

    Analyst Target Price: The mean, low, and high target estimates are $109.60904, $79.7, $146.0.  

      Hang Seng Index - main 2410 (HSImain):  

      No specific analysis provided in the text.  

        iShares China Large-Cap ETF (FXI):  

        Support price: $80.2 (HKD)  

        Resistance price: $115.1 (HKD)  

        Average Cost: $96.2 (HKD)  

        Capital Flow Data (1 Day): Total inflow: $70.44 billion, Total outflow: $64.67 billion  

        Stock price (October 3, 2024): $109.7 (HKD)  

          Direxion Daily FTSE China Bull 3X Shares (YINN):  

          Support price: $34.49 (USD)  

          Resistance price: $50.59 (USD)  

          Average Cost: $38.61 (USD)  

          Capital Flow Data (1 Day): Total inflow: $166.14 million, Total outflow: $129.41 million  

          Stock price (October 3, 2024): $50.49 (USD)  

            Direxion Daily FTSE China Bear 3X Shares (YANG):  

            Support price: $2.85 (USD)  

            Resistance price: $4.25 (USD)  

            Average Cost: $2.85 (USD)  

            Capital Flow Data (1 Day): Total inflow: $57.5 million, Total outflow: $42.9 million  

            Stock price (October 3, 2024): $2.85 (USD)  

            Please note that the above analysis should be considered as reference only and not investment advice. It's important to conduct further research and analysis before making any investment decisions.

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  • Barcode
    ·10-04

    I brought $Direxion Daily FTSE China Bull 3X Shares(YINN)$ during Overnight market this time yesterday on 3Oct24 with a coupon from Tiger for free transaction fees! Cheers Tiger! 

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  • Tui Jude
    ·10-04

    Great article, would you like to share it?

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    • Barcode
      Cheers for the shares TJ,🍀
      10-04
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  • Great article, would you like to share it?

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    • Barcode
      Cheers CCW 🍀
      10-04
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