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
10 Consumer Discretionary Stocks Whale Activity In Today's Session
Express News | Ishares MSCI China ETF up 2.2%
Express News | The three major U.S. indexes opened lower collectively, with the Dow Jones falling by 0.09%, the Nasdaq falling by 0.27%, and the S&P 500 Index dropping by 0.24%. China concept stocks continued to surge, with the Nasdaq Golden Dragon Index rising by over
Shorts liquidation! Foreign funds crazily rushing into call options, the slogan of 'bullish on China' echoing on Wall Street.
Last week, everything about the Chinese stock market seemed to have changed. Looking at the international markets, the Wall Street investment banks and hedge fund institutions, who have long been cautious about the Chinese stock market, suddenly turned overwhelmingly bullish on Hong Kong stocks and A-shares, with a collective voice of "long China" echoing through Wall Street.