On May 18th, Gelunhui reported that the top five stocks in terms of gains in Chinese concept stocks on Friday were Fangdd Network (DUO.US) with a 321% increase at the close, reaching as high as 456% intra-day, Dunxin Financial (DXF.US) with a 63.52% increase, Kebiao Technology (JDZG.US) with a 40.38% increase, Xinyuan Real Estate (XIN.US) with a 39.48% increase, and Internet Technology Packaging (ITP.US) with a 28.57% increase. Among them, the sharp increase in Fangdd Network and Xinyuan Real Estate was due to the central bank introducing three real estate financial policies to stabilize the real estate market.
美股异动丨房多多飙升321%领涨中概股
Fangdd Network soared 321%, leading the rise of Chinese concept stocks.
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