Tech stocks selection, when some are now already priced at high growth, is more difficult, having to predict the future prospects. The advancement of AI technology and cloud business in some stocks, lead to high growth in revenue and eps. For some, the price increase started in March due to reporting better quarterly results and prospects for growth.
zigzinger : Most of the companies are ahead of their fundamentals. From the mid to long term view, the Chinese government is making a good move. That said, the proposed policies needs time to presented on the statistics as well.