Chinese assets surge in U.S. pre-market trading, with the 3x leveraged FTSE China ETF rising over 17% in pre-market trading
According to media reports, the 3x leveraged FTSE China ETF rose more than 17% in pre-market trading, and the 2x leveraged Chinese Internet Stocks ETF rose by 12%. Fangdd surged nearly 30%.
Previously, the Central Political Bureau of the Communist Party of China pointed out that it is necessary to implement a more proactive fiscal policy and moderately loose monetary policy, vigorously boost consumption, improve investment returns, and comprehensively expand domestic demand.
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