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DeepNewz, mobile.
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Chinese stocks are experiencing notable gains, with the Hang Seng Index rising by 3.2% and the FXI index up by 1.7% in premarket trading. A significant trade was reported, involving the purchase of 10,000 FXI calls for $37 with a premium of 71 cents, indicating bullish sentiment in the market. Year-to-date performance shows the S&P 500 up 4% and the Hang Seng up 17%. The recent performance of Chinese tech stocks, particularly Alibaba (BABA), has drawn attention, with some investors noting it as a clear winner in the market. Other notable stocks mentioned include Baidu (BIDU), Pinduoduo (PDD), and NIO, which is still lagging behind despite the recent market uptick. The overall trend suggests a growing interest in Chinese equities, particularly in the context of the ongoing recovery in the region's economy.
#Standderdinge an den Märkten zum 21.2.25 (vor der BTW25) unterjährige Rendite auf Eurobasis Dax: +12,0% Gold: +11,8% Silber: +11,7% Schweiz MSCI: +11,7% FTSE100: +7,4% Nasdaq100: +3,2% CSI300: +2,3% Nikkei: +2,3% S&P500: +1,8% Bitcoin: +1,5% US Treasuries 7-10: +0,9% Bunds: 0,0%
For better or worse, I have been a public $BABA bull for the last 2 years and it's been painful, until recently. This year that patience paid off as my avg cost is below $80 in my LT book. I have not sold a share of my LT holding. I also own $JD $BIDU $TCEHY and some $NIO… https://t.co/zYMuYR65vB
China trade definitely paying out in a big way in only 1 month with $BABA as the clear winner. $NIO still lagging a lot as the real catalyst was DeepSeek waking up investors to AI in China. $FXI $KWEB $BIDU $BILI https://t.co/8WXJah7i5T https://t.co/HnGIBtXudJ