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Express News | The spokesperson of the Ministry of Foreign Affairs answered reporters' questions regarding the USA's announcement of a 10% tariff on products imported from China.
Chinese concept stocks surged, foreign capital's latest statement: sell American stocks and buy Chinese Assets.
Overnight, Chinese concept stocks saw significant gains, with the rise of several benchmark companies being particularly impressive.
Shares of US-listed Chinese Stocks Are Trading Higher Amid China's Efforts to Get Insurers to Invest in Stocks and Support Markets.
Express News | Han Zheng met with elected Vice President Vance of the USA.
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.
On Friday, another wave of funds is betting on Call Options for China's Stocks ETF.
Industry insiders noted that investors are significantly buying Call Options for the iShares China Large Cap ETF (FXI) that expires next weekend, corresponding to the purchase of 4 million shares under the options contracts. The related ETF saw a substantial rise on Friday, achieving the largest single-day increase in over a month.