
On the eve of the U.S. election, Chinese assets suddenly surged, and this popular investment chart of Chinese concept stocks is worth keeping

The 12th meeting of the 14th National People's Congress Standing Committee was held in Beijing from November 4 to 8. The market generally expects that this meeting will review specific arrangements for the issuance of additional government bonds and the scale of local debt, which will be a "key window" for more incremental policies to be implemented.
The Caixin China General Services Business Activity Index (Services PMI) for October, released this morning, recorded 52.0, an increase of 1.7 percentage points from September, marking a three-month high and indicating a rebound in the service sector's prosperity.
During today's Asia-Pacific trading session, Chinese assets performed strongly. As of the time of writing, in pre-market trading for U.S. stocks: $Direxion FTSE China Bull 3X(YINN.US) surged 8%, $Direxion CSI China Internet Index Bull 2X(CWEB.US) and $Direxion CSI 300 China(CHAU.US) both rose over 6%; most Chinese concept stocks increased: as of November 3, Taobao's 100 billion subsidy order volume exceeded 100 million orders, a significant increase compared to the same period last year, with $Alibaba(BABA.US) rising nearly 3% in pre-market; XPeng P7+ is about to be released, and investment bank analysts are optimistic about it becoming a hit with increased sales, with $XPeng(XPEV.US) rising over 5% in pre-market Collect this popular investment chart of Chinese concept stocks to understand related investment targets and seize investment opportunities in a timely manner:
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

