No Data
Foreign capital is accelerating its shift to betting on China Assets! Call options on Chinese Stocks ETFs are being snatched up again.
Chris Murphy, Co-Head of Derivative Strategy at Horizon International Group, stated that last Friday investors bought a large number of Call Options for the iShares Core MSCI China Index ETF (FXI). Other Call Options related to Chinese Assets also rose significantly, including the China Overseas Internet Plus-Related ETF (KWEB). ETFs related to Chinese Assets also strengthened.
US stock movements | LexinFintech (LX.US) stock price rose by 6.1%, breaking the ten million dollar mark for five consecutive trading days.
On Friday (January 17) Eastern Time, U.S. stock markets closed with China’s leading new Consumer digital Technology service provider LexinFintech (LX.US) rising 671% to a closing price of $6.79, driven by factors such as the launch of Chinese New Year promotions and optimistic market expectations for Q4 2024 performance, with a transaction volume of $21.7032 million that day. LexinFintech opened with a strong price, continued to climb, and reached a peak of $6.83 near the end of trading, setting a new high for the start of 2025, and a new high in three and a half years. After-hours data also showed the stock price rose an additional 0.44%. LexinFintech's recent stock price performance has been strong, along with today’s trading volume.
**** had a phone call with the elected president of the USA, Trump.
**** congratulated Trump on being re-elected as President of the USA, pointing out that both sides highly value each other's interactions and hope that the China-US relationship has a good start in the new term of the USA President, wishing to promote greater progress in the China-US relationship from this new starting point.
US stocks movement | LexinFintech (LX.US) share price rose by 6.1%, once again reaching a three-and-a-half-year high.
The transaction volume of 22.893 million US dollars is the second largest daily transaction amount in the past month.
Asian Equities Traded in the US as American Depositary Receipts Lower in Tuesday Trading
Capital One, Discover, Synchrony Upped at Barclays