Heisai's stock price rose on Thursday, closing up 9.11% at $4.67.
According to Zhidong Finance, Heisai (HSAI.US) stock price rose on Thursday, closing up 9.11% at $4.67. On the news side, boosted by China's economic stimulus policies, China's assets continued to rise overnight with Nasdaq's China Golden Dragon Index closing up 10.9%.
Goldman Sachs saw hedge funds aggressively buying Chinese stocks in bulk on Tuesday, while Morgan Stanley's strategist led by Laura Wang predicts that the CSI 300 Index will rise another 10% in the near future. Meanwhile, billionaire investor David Tepper even recommends investing in "buying everything" related to China's assets.