U.S. stock market movement | Golden Heaven dropped 13.82%, the biggest decline among Chinese concept stocks.
On February 13, according to Gelonghui, the five Chinese concept stocks with the largest closing declines are: Golden Heaven down 13.82%, New Century Storage and Transportation down 12.08%, J-Long Group down 11.87%, Tantech down 11.59%, and Meiwu Technology down 11.19%. (Gelonghui)
Bank of America: DeepSeek is the "Alibaba IPO moment" for the China stock market.
Bank of America stated that Alibaba's listing in 2014 propelled the rise of China's XINJINGJI Sector, attracting Global long-term capital Inflow. DeepSeek may become the current 'Alibaba IPO moment' for the Chinese stock market. The 'Holy Grail' of AI development in China does not necessarily have to be the 'best in class,' but should be 'good enough' to support large-scale AI applications in China, driving productivity growth and economic growth.
2024 Outlook for the performance of overseas Chinese-funded stocks: Insurance and Autos leading the way, with Technology and AI becoming new highlights.
① Under the catalyst of policies, the profitability growth of the Autos and home appliances Sector is significant, but external competition is intensifying. Can the profitability growth of these Sectors continue in the future? ② The Analyst from China International Capital Corporation predicts that the profit growth rate of overseas Chinese-funded stocks in 2024 will be higher than the market consensus. Is this optimistic expectation overly reliant on the performance of leading companies?
Wall Street is singing praises for the Chinese stock market! JPMorgan, Morgan Stanley, and UBS Group have joined the Call.
The Chinese stock market has received a bullish outlook from Wall Street strategists, who stated that the strength of new AI technology will help sustain the bull market.
Goldman Sachs Research: Global hedge funds are buying up Stocks in China, with billionaires heavily investing in China's Internet giants.
Goldman Sachs stated in a report that for most of this year, Global hedge funds have been aggressively purchasing China Stocks, and with the emergence of the local AI startup DeepSeek, their buying pace has accelerated over the past week, sparking investor enthusiasm.
Fidelity increases its Shareholding in China Stocks, betting on the return of "animal spirits" and the AI craze.
Fidelity portfolio manager Taosha Wang stated that Fidelity International has increased its Shareholding in China Stocks and has given an overweight allocation. In addition to economic fundamentals and 'animal spirits,' exciting new AI tools like DeepSeek will also create opportunities.
EY views China Stocks positively: the impact of tariffs is actually limited, and a turning point in growth is about to arrive.
① Andrew Swan, the head of Asian Stocks at Intesa Sanpaolo, is optimistic about the investment outlook for China Stocks, as the actual impact of Trump's tariffs is limited. ② Swan believes that the development of Technology and changes in economic models will have a greater impact on the investment return prospects in China; ③ He pointed out that the profitability of Chinese companies is currently at a historical low, and valuations are close to this level, so improving corporate profitability will lead to strong investment returns.
Express News | The spokesperson of the Ministry of Foreign Affairs answered reporters' questions regarding the USA's announcement of a 10% tariff on products imported from China.
12 Consumer Discretionary Stocks Moving In Friday's Pre-Market Session
J-Long Group Shares Resume Trade
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Returns On Capital Signal Tricky Times Ahead For J-Long Group (NASDAQ:JL)
Foreign capital is accelerating its shift to betting on China Assets! Call options on Chinese Stocks ETFs are being snatched up again.
Chris Murphy, Co-Head of Derivative Strategy at Horizon International Group, stated that last Friday investors bought a large number of Call Options for the iShares Core MSCI China Index ETF (FXI). Other Call Options related to Chinese Assets also rose significantly, including the China Overseas Internet Plus-Related ETF (KWEB). ETFs related to Chinese Assets also strengthened.
U.S. stocks dynamic | Dogness plummeted 59%, making it the largest decline among Chinese concept stocks.
On January 18, according to Gelonghui, the top five Chinese concept stocks with the largest declines at closing were: Dogness plummeting 59% taking the lead, J-Long Group falling 12% recently reaching a new high, Bon Natural Life dropping 10%, JinkoSolar nearly declining 10%, and Chang'an Energy falling over 3%. (Gelonghui)
**** had a phone call with the elected president of the USA, Trump.
**** congratulated Trump on being re-elected as President of the USA, pointing out that both sides highly value each other's interactions and hope that the China-US relationship has a good start in the new term of the USA President, wishing to promote greater progress in the China-US relationship from this new starting point.
J-Long Group Limited Regains Nasdaq Compliance
Express News | Trump: Reports regarding the imposition of general tariffs on key imported Commodities are inaccurate.
J-Long Group Limited (NASDAQ:JL) Might Not Be As Mispriced As It Looks After Plunging 29%
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