Although the Chinese government emphasizes that it is necessary to insist on "dynamic clearance", the Chinese stocks in the US market have maintained a rise.
According to Bloomberg reported on November 3, the Nasdaq's Golden Dragon China Index has risen by 4.8%in the past two trading days. Investors are scrambling to buy stocks that are sensitive to the economy.All set a considerable increase.Alibaba and JD.com have also risen.
After the National Health and Health Commission of China stated that it would unwilling to insist on the "dynamic clearing zero" general policy, China Stocks only absent from the increase in front of the market.This is the first batch from official response since the news that the clearing policy will be relaxed on Tuesday ’s social media.
Bloomberg reported that this is not the first time that Chinese stocks have risen because of the relaxation of epidemic prevention.After Beijing relaxed some epidemic prevention measures in early June, and some travel restrictions were relaxed later in the month of the month, Chinese stocks had pulled several waves of ups and downs, but did not last long, because the Chinese government always adhered to the "clear zero" policy policy.Essence
The Golden Dragon China Index is still hovering near the nine -year low, and the Hong Kong stock market has also fallen to the lowest level since the global financial crisis.OANDA senior market analyst Craig Erlam wrote in a report, "Investors may just want to seize all opportunities for bottoming, this year is a very difficult year for Chinese stocks."
