Who is buying Hong Kong stocks and what are they buying?
Foreign capital is an important incremental fund for the current rise in the Hong Kong stock market, preferring the consumer and information technology sectors.
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.
How to Capitalize on the Ongoing Bull Market for Chinese Stocks
China's stock market is booming across the board! Goldman Sachs: both long funds and hedge funds are buying heavily.
Long-term investors mainly focus on buying consumer and financial stocks, while hedge funds perform particularly well in financial stocks. Both types of investors show a clear 'fear of missing out' sentiment, with foreign hedge funds focusing on baijiu and electric vehicle battery sectors.
HKEX soared nearly 28% this week, Goldman Sachs: This time it's not a "smokescreen".
Goldman Sachs stated that due to the improvement in sentiment in the Chinese stock market, the resurgence of Hong Kong IPO activities, and other factors, the increase in the Hong Kong Stock Exchange this time is different from the past. It is expected that the trading volume of Hong Kong stocks will continue to rise. The bank has raised the target price of the Hong Kong Stock Exchange from 306 Hong Kong dollars to 318 Hong Kong dollars.
Goldman Sachs top traders respond to investors' most pressing question: Global stock markets, should you chase gains or not?
Goldman Sachs' head of hedge fund research Tony Pasquariello stated in the latest report that he still believes the market's main trend is upward, and certainly does not intend to stand in front of the central bank's 'cannons,' however, the market has already priced in much of these. There are two additional factors to pay attention to: earnings season and the US presidential election. China's policies have shifted, marking the beginning of a new trading cycle.