US Stock Market Move | HSAI.US follows the rise of Chinese concept stocks, surging over 9%.

date
09:26 27/09/2024
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GMT Eight
On Thursday, Wells stock price rose by 9.11%, closing at $4.67.
HSAI.US stock price rose on Thursday, closing up 9.11% at $4.67. On the news front, boosted by China's economic stimulus policies, Chinese assets continued their surge on "Super Thursday", with the Nasdaq China Golden Dragon Index closing up 10.9%. Goldman Sachs Group, Inc.'s bulk brokerage business saw hedge funds buying Chinese stocks wildly on Tuesday, while Morgan Stanley strategist Laura Wang predicts that the Shanghai and Shenzhen 300 Index will rise by another 10% in the near future. Meanwhile, billionaire investor David Tepper has suggested investing in "buying everything" related to China.