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Today's Pre-Market Movers and Top Ratings | LI, BABA, NKE and More
Shares of US-listed Chinese Stocks Are Trading Higher on Continued Strength Following Recent Stimulus Measures.
Express News | Hedge Funds Are Pouring Into ETFs Focusing on Chinese Equities With $2.4 Billion Inflows
Shares of US-listed Chinese Stocks Are Trading Higher on Continued Strength Following Recent Stimulus Measures and Amid the China National Day Celebrations This Week.
How to Capitalize on the Ongoing Bull Market for Chinese Stocks
Alibaba, pdd holdings, and jd.com combined market cap is only a quarter of amazon's, Goldman Sachs: significant room for revaluation of China's e-commerce value.
Goldman Sachs pointed out that the median forward price-to-earnings ratio for the Chinese internet-related industry is 14.3 times over the next 12 months, still at a discount of over 40% compared to the internet companies in the USA. However, the valuations of e-commerce companies such as Alibaba, PDD Holdings, and JD.com are only 9-12 times, still lower than the median of the Chinese internet-related industry, indicating significant potential for value reassessment.