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DeepNewz, mobile.
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China ETFs have experienced significant inflows, driven by substantial call volumes reaching 3.4 million contracts last week, the highest since the 2020 pandemic. This surge is attributed to economic stimulus measures announced by the Chinese government, which have led to historic buying in stocks. Notably, ETFs such as $FXI, representing large-cap stocks, and $KWEB, focused on Internet stocks, have seen unusual activity. Despite a slight decline, $FXI remains strong above $32, while calls in $KWEB and value stocks like $ASHR are yielding significant returns. Rebel's Edge discussed this at 1pm EST.
🇨🇳 #ChinaETFAlert: Unusual activity in $FXI & $KWEB as traders bet big on China's market movements! FXI slightly down but holding strong above $32. Calls in KWEB and value stocks like $ASHR are paying off handsomely. The dragon's dance continues! Rebel's Edge 🏴☠️ 1pm EST… https://t.co/eAU0lkfwr4
China ETF call volume hit 3.4 million contracts last week, the most since 2020 Economic stimulus announced by the Chinese government has led to historic stock buying https://t.co/BRNTxEQRNY https://t.co/KJTXZMS0dq
BREAKING: China ETF call volume hit 3.4 million contracts last week, the most since the 2020 pandemic. Economic stimulus announced by the Chinese government has led to historic buying in stocks. As a result, ETFs, $FXI, of large-cap stocks, $KWEB, of Internet stocks, and… https://t.co/KgDwQv2PjA
