The SPDR S&P China ETF is seeing unusually high volume in afternoon trading Tuesday, with over 564,000 shares traded versus three month average volume of about 62,000. Shares of GXC were up about 0.4% on the day.
Components of that ETF with the highest volume on Tuesday were Momo Ads, trading up about 10.5% with over 16.5 million shares changing hands so far this session, and Jdcom Ads, up about 0.5% on volume of over 4.5 million shares. Cheetah Mobile is lagging other components of the SPDR S&P China ETF Tuesday, trading lower by about 2.6%.
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