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Weekly Outlook | A crucial week for China Assets is coming! Earnings Reports from Chinese concept stocks like Alibaba are set to be announced; the Federal Reserve's meeting minutes are about to be released; Musk will officially announce the new generation
The number of initial jobless claims in the USA for the week and the February S&P Global PMI data will be released soon; the US stock market will be closed for one day on Monday; the Hang Seng Index Company will announce the results of the fourth quarter Hang Seng Index quarterly review on Friday, February 21, 2024.
Under the drive of Technology leaders, how hot is the AI theme now?
①Currently, the sentiment in the A-share market is active, with high trading enthusiasm in the TMT and Machinery Industry driven by themes such as DeepSeek and humanoid robots. ②Drawing a comparison to the seven major companies in the US stock market, this round of China's Technology market is also driven by certain leading technology companies, and the trading enthusiasm is at a high level. ③Currently, the spring market is underway, and Technology is the main theme under the AI wave, focusing on the China version of the "M7" Concept.
Just the beginning? The value of DeepSeek: China's stock market increased by 1.3 trillion dollars, while India's stock market experienced an Outflow of 720 billion dollars.
In the past month, Global hedge funds have surged into the Chinese stock market at the fastest pace in months, while the Indian stock market recorded the largest capital outflow in history during the same period. Analysts believe that DeepSeek's breakthrough provides a "just right narrative pivot" for capital to flow back, and the tactical long window has already opened.
This week's Hong Kong stock market bull stocks | Alibaba's ecosystem has surged across the board! ALI HEALTH skyrocketed over 54% this week, Alibaba has risen over 50% this year; Bullish trends in AI are leading the Cloud Computing market! GDS Holdings ha
This week, the Hang Seng Index has risen by 7.04%, closing at 22,620.33 points; during the same period, the Hang Seng TECH Index has increased by 7.3%, closing at 5,526.22 points; the Hang Seng China Enterprises Index has also risen by 7.03%, closing at 8,331.4 points.
The Hang Seng Index futures closed at 22,521 points on February 15, with a discount of 99 points.
As of February 15, the Hang Seng Index night futures (February) closed at 22,521 points, down 146 points or 0.644%, with a low water mark of 99 points.
DeepSeek has sparked an unprecedented wave of AI applications! The market increasingly believes in the 'bull market narrative' of Software stocks.
With the significant decrease in AI training costs led by DeepSeek, as well as the sharp drop in token costs on the inference side, AI agents and generative AI Software are expected to accelerate their penetration into various industries.