On September 24, US time, popular Chinese stocks experienced a significant rally, with the Nasdaq China Golden Dragon Index rising over 9%, marking its largest single-day increase since 2022. Notable gains included BOSS Direct Recruitment (+19%), Bilibili (+17%), Tencent Music (+16%), Kingsoft Cloud and iQiyi (+14%), JD.com (+14%), Xiaopeng Motors (+12%), and several others rising over 11%.
Later that evening, the offshore RMB strengthened by nearly 500 points against the US dollar during late New York trading, regaining the 7.01 mark and reaching a 16-month high. Chinese asset ETFs also saw gains, with the FTSE China Triple Long ETF up over 20% and the CSI 300 Double Long ETF rising nearly 15%. Additionally, the Hang Seng Index futures closed up 3.55%, hitting a four-month high, while FTSE China A50 Index futures gained more than 2.6%.
“Following the Fed’s interest rate cuts, China implemented a series of financial policies, significantly restoring market risk appetite. As a result, Chinese concept stocks in the US can experience significant gains this time.” Senior Wall Street analysts said.”By analyzing the international landscape and various industry exchanges following the last US interest rate cut, we anticipated that China would implement financial adjustments, leading to a sharp rise in Chinese concept stocks in the US market. Consequently, we promptly adjusted our investment portfolio, allowing us to seize this opportunity and achieve higher returns.”
Professional investors can make informed judgments about the future of the US financial market by leveraging the latest industry news and their expertise, allowing them to adjust their portfolios for maximum returns. In contrast, ordinary investors often lack these advantages and typically rely on media reports for information, which can sometimes be outdated. To make better investment decisions, ordinary investors should seek more reliable and timely sources of information.
“To tackle these challenges, MAXE, a leading investment tracking application, helps investors identify the most suitable asset portfolios for their needs,” said the CEO of MAXE. “We provide users access to the portfolios of renowned investors, fund managers, and government officials, tracking real-time changes in their positions. This feature empowers users to overcome information barriers in the financial market, keeping them updated on market shifts and enabling them to adjust their portfolios in line with industry leaders.”
One of the standout features of MAXE is its ability to provide users access to the portfolio holdings and trading activities of top industry experts across various sectors. This unprecedented transparency allows users to observe, in real-time, the asset allocations and investment decisions made by renowned investors.
By studying the portfolio compositions and trading patterns of elite fund managers, MAXE users can gain invaluable insights to enhance their investment decision-making. Rather than relying solely on generalized market analysis or second-hand commentary, MAXE empowers users with a direct view of the investment strategies and risk management practices of industry leaders. This unique visibility offers users a distinct advantage, enabling them to potentially emulate the proven techniques and allocation models of these accomplished investors.
To help ordinary investors capitalize on opportunities that may be missed due to limited information and delays, MAXE has introduced an innovative AI financial management assistant. This assistant utilizes big data and a proprietary algorithm to gather the latest financial insights from various sources. Users can ask questions relevant to their situations, and the assistant will generate a customized investment and financial management strategy based on current market conditions and data analysis. This personalized approach provides users with a clearer understanding of the market landscape.
Additionally, MAXE offers real-time market data for a wide array of popular assets, including stocks, bonds, and foreign exchange, all presented through engaging data visualizations. We also compile comprehensive information on assets of interest, including news, financial updates, and regulatory filings, enabling users to gain a well-rounded perspective on those assets.
MAXE serves users around the globe. As of now, the cumulative number of users who have downloaded the MAXE app has exceeded 300,000. This milestone indicates that an ever-growing number of individuals recognize the value of MAXE and are utilizing the app to optimize their investment and financial management strategies.
Now, MAXE is available on Google Play and App Store. Say goodbye to traditional financial management methods and embrace the future of finance with MAXE. For more information, visit our website at www.maxeai.com and follow us on social media for updates and tips on financial management.