Foreign capital unanimously bullish! Morgan Stanley, Goldman Sachs support the Chinese stock market, hedge fund tycoons shout out: buy all Chinese assets.
①Morgan Stanley believes that, from a technical perspective, the China CSI 300 Index may still have about 10% upside potential in the short term; ②Goldman Sachs said that once the US election is over, the Chinese stock market should be an important part of investors' investment plans; ③Hedge fund legend David Tepper said he didn't expect such a strong policy stance from China, and he will buy all Chinese assets.
Putting half of his wealth into Chinese concept stocks, 'The Big Short prototype' Michael Burry made a profit this time.
As of June 30th, stocks of Alibaba, baidu, and jd.com together account for about 46% of Burry's entire investment portfolio. Billionaire investor David Tepper previously stated that now is the time to 'buy everything', as Chinese stocks still have a lot of upside potential.
Baidu Options Spot-On: On September 27th, 133.54K Contracts Were Traded, With 410.91K Open Interest
On September 27th ET, $Baidu(BIDU.US)$ had active options trading, with a total trading volume of 133.54K options for the day, of which put options accounted for 19.37% of the total transactions,
Shares of US-listed Chinese Companies Are Trading Higher Possibly Amid Continued Strength Following a Report Suggesting China Will Issue up to $284 Billion of Sovereign Debt as Part of a Stimulus.
U.S. stock market early session | The three major indexes rose together, with the Dow hitting a new high again; Chinese concept stocks continued their strong momentum, with Nio Inc. soaring over 8%, pdd holdings up nearly 6%
On the evening of the 27th Beijing time, the U.S. stock market opened slightly higher on Friday. The PCE inflation data most favored by the Federal Reserve rose by 2.2% year-on-year, lower than expected, indicating easing inflation pressure and a cooling economy. The market expects these data to continue to lead the Fed to cut interest rates in the coming months.
Express News | PDD Holdings up 3.3%, NetEase up 2.6%, Baidu up 1%