Zhongchao Inc. ( ZCMD ) shares are trading higher Monday as investors pile into China-based stocks following additional stimulus measures announced over the weekend.

The Details:

U.S.-traded Chinese stocks are rallying Monday as investors digest the new stimulus measures and large gains in China's markets. Stocks in China’s markets posted their largest single-day gains in 16 years on Monday on the back of the stimulus measures and ahead of a week-long market holiday beginning Tuesday.

Last week, China's central bank announced an intense package of stimulus measures including lower interest rates and additional liquidity for its banking system. The country then announced additional measures including lower mortgage rates and looser real estate purchase restrictions over the weekend.

Read Next: Tesla ‘Mojo Is Back,’ Tech Analyst Dan Ives Says Ahead Of Q3 Deliveries

According to data from Benzinga Pro, more than 30 million Zhongchao ( ZCMD ) shares have already changed hands in the session. The stock has a float of only 1.546 million shares. 

How To Buy ZCMD Stock:

By now you're likely curious about how to participate in the market for Zhonchao – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of Zhongchao ( ZCMD ), which is trading at $2.14 as of publishing time, $100 would buy you 44.05 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

ZCMD Price Action: According to Benzinga Pro, Zhongchao ( ZCMD ) shares are up 56.1% at $2.10 at the time of publication Monday.

Read Also:

Amazon Prime Day Data Insights Before October Event: Apple Purchases Up 22%, Celsius Tops Grocery Category

Image: Gerd Altmann from Pixabay