Hong Kong and A-shares are in high spirits! How much room is left in the market under the new round of policies?
Interest rate-sensitive growth stocks, export chains driven by usa real estate demand, Hong Kong stocks local dividends and real estate, all show greater resilience in this round of rise.
Goldman Sachs raised the target prices of Alibaba (09988.HK), jd.com (09618.HK), Tencent (00700.HK), and Meituan (03690.HK).
Goldman Sachs regards e-commerce stocks and gaming stocks as the most preferred sectors in the mainland internet industry, based on the mainland's stronger-than-expected growth and loose policies, the e-commerce market gradually stabilizing under the condition of overall stable market share, as well as alibaba (09988.HK) (BABA.US), pdd holdings (PDD.US), and jd.com (JD.US) (09618.HK) with a pe ratio of only 9 to 12 times, with a combined market cap of only $500 billion, compared to Amazon (AMZN.US)'s $2.1 trillion market cap. The bank believes that mainland e-commerce, as the world's largest e-commerce market, will provide in the mainland internet sector
Express News | US-listed Chinese stocks continued to rise, with the Nasdaq China Golden Dragon Index up nearly 6%.
Benzinga Market Summary: Chinese Stocks Continue Higher Amid Stimulus Measures, Autos Drop On Weak Stellantis Guidance
Stock market anomaly | Chinese concept stocks continue to rise, tuniu (TOUR.US) up by 31%.
Chinese concept stocks continue to rise, as of the time of publication, tuniu rose by 31%
Alibaba on Track for Highest Close Since February 2023 -- Data Talk