Direxion FTSE China Bull 3X

FTSE China A50 Index Futures up more than 1%

FTSE China A50 Index futures rose over 1%

On August 14th, the Shanghai Composite Index broke through 3,700 points, with an increase of over 0.48%, marking the first time since December 2021. The FTSE China A50 Index futures rose by 1.18%. Computing stocks performed strongly, with the Wind Chip Index surging by 2%, and Cambricon's stock price once rising over 12%. Despite Cambricon refuting related information, investor enthusiasm remained high. Institutions predict that the Shanghai Composite Index is expected to challenge 4,000 points by the end of the year, suggesting attention to sectors such as technology growth and consumer recovery, while also being cautious of market sentiment changes and profit-taking risks

The Shanghai Composite Index breaks through 3700 points, A50 surges sharply, computing power explodes

In the afternoon, the Shanghai Composite Index turned positive. In addition, the FTSE China A50 Futures Index also surged, rising over 0.6% as of the time of writing. Notably, the Rare Earth Permanent Magnet Index increased by more than 2%, with constituent stock Yunsheng hitting the daily limit, and ZHmag (300

Chinese assets suddenly turn positive! A rare earth giant with a market value of 140 billion rises sharply!

After a lower opening in the US stock market, Chinese concept stocks performed strongly, with iQIYI and Xunlei rising over 20%. The A-shares reached a new high in 10 years, with the total market value surpassing 100 trillion yuan for the first time. Data from the People's Bank of China shows that household deposits are accelerating their "migration" into the market, driving capital market activity. Foreign investment's willingness to allocate to RMB assets has strengthened, and it is expected to continue to grow in the future

FTSE China A50 Index Futures up more than 1%

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