The national holiday of May Day falls on Monday, May 1, thus the stock exchanges in mainland China, Hong Kong, and Taiwan will all be closed.
Mainland In the coming week, China’s stock exchanges will be closed not only on Monday but also on Tuesday and Wednesday. On Thursday, May 4, they will once again be open for business.
In the United States, mainland-listed enterprises include e-commerce sites such as Alibaba, JD.com, and PDD, in addition to the online travel giant Ctrip. Investors who are interested in trading Chinese shares on breaking news can look to the United States.
TOP Financial is a Hong Kong-based brokerage that is quoted on the Nasdaq under the ticker symbol “TOP.” On Friday, shares of the company exploded by 441%, which was sufficient to make Junli Yang, the founder and chairperson of TOP, a new billionaire with an estimated net worth of $1.8 billion.