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Even Though Tongcheng Travel Holdings (HKG:780) Has Lost HK$3.2b Market Cap in Last 7 Days, Shareholders Are Still up 42% Over 5 Years
Goldman Sachs: The widespread adoption of AI over the next decade is expected to drive overall earnings of Chinese Stocks to increase by 2.5% annually.
Goldman Sachs' chief Analyst for China Stocks, Liu Jinjing, pointed out in a recent research report that investors' optimism regarding AI economic growth and benefits has contributed to the Hang Seng TECH Index and MSCI Chinese Index surging 27% and 19% respectively over the past month.
Hong Kong Stock Market Indicator | The Hang Seng Index shows reduced volume at high levels, highlighting cautious sentiment from both bulls and bears, while the funding sentiment is euphoric, institutions warn of risks.
① The Hang Seng Index's high position with reduced volume highlights caution from both bulls and bears; can it break through the 23,000-point barrier? ② The funding sentiment is exuberant, and Institutions warn of risks; what other non-AI hotspots are worth attention?
Who Are China's AI Winners Post-DeepSeek? Goldman Sachs Picks 30 Firms
Hong Kong stocks are moving | Travel Concept stocks are rising as the Spring Festival tourism market welcomes a good start. Institutions are bullish on the tourism demand still being strong.
Travel concept stocks rose, as of the time of writing, TONGCHENGTRAVEL (00780) increased by 6.96%, trading at 18.74 HKD; China Tourism Group Duty Free Corporation (01880) rose by 3.36%, trading at 49.2 HKD; TRIP.COM-S (09961) went up by 3.24%, trading at 541 HKD.
This Tongcheng Travel Holdings Insider Reduced Their Stake By 53%
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