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US stocks fluctuated丨Wang & Lee Group fell nearly 20%, cumulative decline of over 42% in 3 days.
On December 20, according to Gelonghui, the five Chinese concept stocks with the largest closing declines are: Cango down 28%, Ucloudlink down 27.59%, GRAPHEX GROUP down 20.36%, Wang & Lee Group down 19.7%, with the stock cumulatively down over 42% in three days, and Jin Xin Technology down 16.57%. (Gelonghui)
12 Industrials Stocks Moving In Thursday's Pre-Market Session
U.S. stocks of GRAPHEX GROUP fell over 8% in pre-market trading, leading the decline among Chinese concept stocks.
On December 19, Gelonghui reported that in Pre-Market Trading, some Chinese concept stocks fell, among which, GRAPHEX GROUP fell over 8%, Ucloudlink fell over 3%, Kuke Music fell over 2%, and Mindonghong fell over 1%.
Hua Chuang Securities interprets the December Politburo meeting: five unexpected points.
① The first expectation exceeded - the economic development goals for the entire year of 2024 will be achieved. ② The second expectation exceeded - stabilizing the stock market and real estate market. ③ The third expectation exceeded - the monetary policy is set to undergo a significant change over the next decade. ④ The fourth expectation exceeded - strengthening "extraordinary" counter-cyclical adjustments. ⑤ The fifth expectation exceeded - expanding domestic demand ranking is advanced, and the保障民生保障 is intensified.
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.
Bullish surprise! A50 and Hong Kong stocks surged, china assets etf collectively skyrocketed, and the 3x long FTSE china etf jumped nearly 18% in pre-market trading.
Just now, the Hong Kong stock market surged sharply, with the hang seng tech index rising over 4% and the hang seng index increasing by 2%. The ftse china a50 index futures also surged, at one point rising over 4%.
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