Chinese stocks listed in the United States have risen for the third day, and the stock index increased this month's record highest level.With the relaxation restrictions on some areas of China, the market is optimistic about the prospects of the economy.
Bloomberg reported that the Nasdaq's Golden Dragon China Index soared 9.6 % on Wednesday (November 30). The cumulative increase of 42 % this month, the market value increased by about 205 billion US dollars (S $ 278.4 billion).Bilibili, JD.com, and Pinduoduo ranked at the top of the November increase list, with at least 49 %.
The enhancement of overall risk preferences in the peripheral market has also boosted the performance of the stock index. Fed Chairman Powell hinted that it would slow down the pace of interest rate hikes in December, and the Nasdaq 100 index rose 4.6%.
The factors that promote the decline of the stock market include the strong quarterly profit reports of some large technology companies in China, loosening of epidemic prevention measures, and a package rescue plan for housing companies.
Although the timetable of the economy is still highly uncertain, the slow actions adopted by China's officials clearly indicate that the epidemic prevention measures will gradually be loosened.
Chinese Vice Premier Sun Chunlan held a symposium at the National Health and Health Commission of China on Wednesday, saying that with the weakening of the pathogenic disease of Omikdon, the accumulation of vaccination, the accumulation of prevention and control experience, the epidemic preventionControl face a new situation and new tasks.Bloomberg reports that she seems to be the first senior official to admit that the coronary virus is no longer serious.
Bloomberg quoted people familiar with the matter and revealed that plans related to the fourth inoculation of the crown vaccine are currently being formulated.Guangzhou, southern China, has also lifted the control of most urban areas, and replaced it with more targeted measures.Zhengzhou, where Apple's largest iPhone factory is located, also recently lifted the five -day liquidity management of the main urban area.
It is reported that the above -mentioned measures are expected that China is preparing for the final exit of clear zero, although the surge in cases and protests across the country may make the way out of the country quite bumpy.
