US25460G1958 - ETF
DRX DLY FTSE CHINA BULL 3X
NYSEARCA:YINN (12/20/2024, 8:04:00 PM)
After market: 28.36 +0.07 (+0.25%)28.29
+0.49 (+1.76%)
The Direxion Daily FTSE China Bull and Bear 3X Shares seek daily investment results, before fees and expenses, of 300% or 300% of the inverse (or opposite) of the performance of the FTSE China 50 Index.
DRX DLY FTSE CHINA BULL 3X
Traders who scooped up millions of shares worth of bullish options over the past week in tiny, levered exchange-traded funds tracking Chinese indexes are up more than $130 million on paper as shares surged after top leaders in Beijing signaled stronger economic support next year.
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China's economy saw a less-than-anticipated growth in Q4 due to ongoing challenges such as sluggish consumer spending and a decline in the real estate sector. C
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