Will the wave of soaring stock prices continue for China ADR stocks and ETFs, which have achieved doubling growth? Hedge funds are also entering the market.
Stimulated by China's assets and positive policy materials, there was a sharp rebound. While experiencing a decline on Thursday, the uptrend continues this week.
Chinese stocks have surged significantly, and US-listed Chinese ADR stocks are also sharply rising with great momentum. Looking at the rate of rise and fall over the past 10 days, $Bilibili (BILI.US)$Stock prices of vroom have doubled, $Futu Holdings Ltd (FUTU.US)$vroom has risen by about 90%, $KE Holdings (BEKE.US)$gan ltd has risen by 75%, $JD.com (JD.US)$、 $PDD Holdings (PDD.US)$etc have also each risen by over 55%.
Furthermore, amidst the strong market performance and expectations of robust stimulus measures, the attitude of overseas investors towards the gan ltd market in china is quietly changing. Overseas hedge fund capital is flowing in one after another. Looking at the performance of china connect ETFs listed in the usa, multiple china connect ETFs have strongly rebounded and set new highs.
$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$now inc has risen by about 132% in the past 10 days, $Direxion Daily CSI China Internet Index Bull 2x Shares ETF (CWEB.US)$moomoo has risen by about 115%, $Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU.US)$Has risen by over 92%, $KraneShares CSI China Internet ETF (KWEB.US)$、 $Invesco China Technology ETF (CQQQ.US)$Both have also risen by about 50% each.
Following today's sharp increase, the Hong Kong index also rose, recording the best monthly performance in major markets.
Benefiting from the market recovery, the number of account openings at Hong Kong securities companies has doubled, and stock prices continue to rise.
Will investment money return to the China Connect stock market?
According to a report by Goldman Sachs, hedge funds from around the world are flowing into the China Connect stock market.バリュー株の代表格(September 23-27)China's buying excess amount hits record highIt became.China-focused foreign stock exchange traded funds (ETFs) saw an inflow of $2.4 billion in the last 3 business days of September7-9 month period
According to a report by Goldman Sachs, hedge funds from around the world are flowing into the China Connect stock market.バリュー株の代表格(September 23-27)China's buying excess amount hits record highIt became.China-focused foreign stock exchange traded funds (ETFs) saw an inflow of $2.4 billion in the last 3 business days of September7-9 month period
David Tepper, founder of Appaloosa Management, responded to the Chinese government unveiling larger-than-expected massive economic stimulus measures following the Federal Reserve's rate cut by buying additional shares of "all" China-related stocks"All" China-related stocks were bought morestated that they are doing.
David Aspel, Chief Investment Officer (CIO) of Mount Lucas, stated, "Many investors who had previously stayed away from the Chinese market are returning, and I expect the Chinese stock market to hit bottom and rebound strongly before the economic recovery." Aspel has adopted call spread strategies targeting several funds, including China's online retail companies. $JD.com (JD.US)$such as call spreads in some funds.
Can the upward trend continue?
JP Morgan pointed out that the sustainability of the Chinese rise lies in fiscal policy, economic indicators, and earnings revisions.according to the latest report from Morgan Stanley, if China announces further fiscal stimulus measures in the coming weeks, Chinese stocks will furtherrise
JP Morgan pointed out that the sustainability of the Chinese rise lies in fiscal policy, economic indicators, and earnings revisions.according to the latest report from Morgan Stanley, if China announces further fiscal stimulus measures in the coming weeks, Chinese stocks will furtherrise
Morgan Stanley's latest reportThere is potential for a 10%-15% increase.There is something.
Some investors still have concerns that the upward trend may not be sustained without continued policies, despite Chinese stocks outperforming stocks in other countries and regions.
In addition, according to Bloomberg, Nomura Holdings economists expressed the view that investors should prepare for the possibility of stock prices plummeting, as the current Chinese economy is much more vulnerable compared to before the COVID-19 pandemic, despite the Chinese stock market seeing a significant increase not seen since 2008.
Furthermore, in response to the recent market rise, Mybanco Securities' institutions sales and trading director, Wong Kok Fun, pointed out that profit-taking sales before the weekend are natural, and investors should be prepared for resuming trades in the mainland Chinese market next week.
Source: Bloomberg, moomoo, Yahoo Finance, Reuters.
This article uses automatic translation in part.
- moomoo News Zoe
This article uses automatic translation in part.
- moomoo News Zoe
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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183533783 : Well done.
こうめ0131 : China Connect cannot be trusted. Who knows when Xi Jinping will throw a bomb.
恋コイ : It seems to be impacting only a very small part of the industry temporarily, but we cannot expect a lasting impact. Local industries in many cities seem to be collapsing...
183047286 : There is a big pit waiting to be dug
Excavation.
Kellyliang : American government bonds
下がらなければ上がる こうめ0131 : Bear ETF (Short) may go up.$Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$