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A stock market is closed, but A stock etf is still soaring!
"Bets on China" trades are hot, with funds flowing continuously from A-shares during holidays to Hong Kong, US-related ETFs. The ChinaAMC STAR50 ETF listed in Hong Kong once rose over 200%, with many Chinese concept stock ETFs soaring together. Market observers have noticed that funds from other regions in Asia are flowing back into the Chinese stock market.
Institutional survey: AI applications in Chinese mainland enterprises are accelerating.
① 44% of the Chinese mainland respondents said that their companies have increased investment or upgrades in technology in the past 12 months. ② 81% of the Chinese mainland respondents expect their companies to increase technology application in the next 12 months, with AI (48%) being the first choice, followed by data analysis and visualization software (43%) and business intelligence software (37%).