Shares of Chinese stocks are trading higher after China's state council reportedly issued guidelines on promoting the private economy.
Portfolio Pulse from Benzinga Newsdesk
Chinese stocks are trading higher following the issuance of guidelines by China's state council aimed at promoting the private economy. Stocks mentioned include BEKE, BZ, FUTU, GDS, IQ, NIO, XPEV.
July 19, 2023 | 2:49 pm
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POSITIVE IMPACT
BEKE's stock is trading higher following China's new guidelines to promote the private economy.
The new guidelines issued by China's state council are expected to have a positive impact on private companies like BEKE, leading to a rise in their stock prices.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
BZ's stock is trading higher following China's new guidelines to promote the private economy.
The new guidelines issued by China's state council are expected to have a positive impact on private companies like BZ, leading to a rise in their stock prices.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
FUTU's stock is trading higher following China's new guidelines to promote the private economy.
The new guidelines issued by China's state council are expected to have a positive impact on private companies like FUTU, leading to a rise in their stock prices.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
GDS's stock is trading higher following China's new guidelines to promote the private economy.
The new guidelines issued by China's state council are expected to have a positive impact on private companies like GDS, leading to a rise in their stock prices.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
IQ's stock is trading higher following China's new guidelines to promote the private economy.
The new guidelines issued by China's state council are expected to have a positive impact on private companies like IQ, leading to a rise in their stock prices.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
NIO's stock is trading higher following China's new guidelines to promote the private economy.
The new guidelines issued by China's state council are expected to have a positive impact on private companies like NIO, leading to a rise in their stock prices.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
XPEV's stock is trading higher following China's new guidelines to promote the private economy.
The new guidelines issued by China's state council are expected to have a positive impact on private companies like XPEV, leading to a rise in their stock prices.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80