Chinese stocks traded in the United States have gone through Monday (October 24) and rebounded the next day after the plunge. The Chinese government supports the financial market.Take the opportunity to buy.
According to Bloomberg, the Nasdaqin Golden Dragon China Index rose 7.2%on Wednesday (26th), and the cumulative increase in two days has increased by more than 12%, setting the largest record since April.From this, it has recovered that most of the land lost on Monday.Among the best stocks on Wednesday, Alibaba, JD.com, and Pinduoduo jumped more than 8%, and Lu Jin increased by 13%.
After the Bank of China and the Foreign Exchange Bureau on Tuesday (25th), it will strengthen the healthy development of the stock market, bond market and property market with other departments, and some investors have seen a front line of hope.
Hayfield, UBS global wealth management, wrote in a report on Wednesday: "Although the emotions of investors may remain downturn before the specific policy actions are released, the market may remain shock, but it may be stable, but it is steady, but it is steady, but it is steady, but it is steady, but it is steady, but it is steady, but it is stable.The policy of growth may lead to a significant rebound, just like May or June. "
Hayfield also said that the risk of Chinese stocks and upward space are in a balanced state. Investors should consider insisting on insisting on persistenceThe benchmark configuration is not low."Low -all can consider buying on dips, and given the current adverse factors that continue to be in the current continuously reserved industry, we have suggested to lay out in a tough industry."
According to reports, this is exactly that some investors are in some investors inMonday recorded after selling on Monday.VANDA Research's Asiandini and other analysts said in a report on Wednesday that the Chinese company's US -deposit vouchers have become one of the most sections of retail investors this week because they want to take the opportunity to "buy dirty".
Vanda's basis shows that on Monday, retail investors' buying scale of China's head ADR exceeded US $ 157 million (about S $ 220 million), exceeding the level of Shanghai in March.The report also stated that Alibaba, Weilai Motors and Pinduoduo are the biggest beneficiaries, and they recorded net inflow 92 million US dollars, $ 32 million and $ 12 million, respectively.Alibaba accounted for nearly 60%.
However, the emotions of investors are still fragile, because the clearing policy continues to suppress the hope of the stock market recovery.Hanyang District in the center of Wuhan City was under control due to the implementation of the epidemic.
