Bitcoin (BTC), Asian stocks could lose capital to China stocks

“The current rally in Chinese stocks, driven by the stimulus package and investor activity in the national holiday week, is a calculated risk-reward trade for savvy investors. Even with a 3-5% cost to convert USDT (stablecoin) into shares, the potential upside of 50-70% makes this a strategic move,” said Danny Chong, co-founder of the multi-staking protocol and co-founder of the Digital Assets Association Singapore, to CoinDesk in an email.