New York, New York – September 19: The Chinese flag is flying outside the New York Stock Exchange during the first price show (IPO) of the Alibaba Group on September 19, 2014 in New York City. The New York Times reported yesterday that Ali Baba raised 21.8 billion dollars in its initial year’s offer so far.
Andrew Berton Getty Images News
Hong Kong technology shares fell in the Monday correction area, where investors booked profits, while uncertainty in the trade war and the United States is moving to restrict Beijing’s access to high -end technology on feelings.
The Hang Seng Tech, which tracks some of the largest Chinese technology companies on the main land listed in Hong Kong, has decreased by 11 % Since the rise of March 18, after a decrease of more than 2 % on Monday.
Chinese and international institutional investors began to return to Chinese stocks after Beijing revealed the strongest stimulus measures last September. The investor pushed Hang Seng Tech to the highest level in three years earlier this month.
Chinese technology shares have received a sharp batch since the version of AI Startup’s Deepseek in January, challenging the US -led ecosystem, claiming superior performance at much lower costs than other artificial intelligence players.
I saw the shares of Hong Kong, especially Ali Baba and Tenant, Net purchases from Chinese investors are the main mainland Hit a Score newly.
“This is especially if the definitions of the United States are more punitive than expected or if China again” hinders these companies. “
Clearnomics James Liu, CEO of Clearnomics James Liu, told CNBC, adding that factors such as the growing trade war will continue to add to fluctuations that Chinese markets are still much more volatile than American markets and other advanced markets.
“For most investors, investment in China’s technical shares should be considered a way to diversify portfolios that are likely to be excessively focused in American technology,” Leo said.
“There is no bad news specific to China’s technical shares, and therefore the last correction is largely due to the relatively subjugated profits and recovery,” said Vincent Chan, Chinese experts in Ailethia Capital.
The decline in the “normal” decline after the strong gathering this year, and VEY-Sern Ling, the UBP’s great stock consultant, who believes that the feelings of investors are still positive for the country’s technology scene.
“Innovation has returned, and the government has been clearly supportive,” said Ling, who added that China’s technical shares still have an area to be appreciated against the background of the strong profit season and low assessments for global counterparts.
Data from FactSet showed that the MSCI China index is currently being circulated at 12.58 times its expected profits for a year, compared to the S&P 500 index, which is circulated at 20.21 times of profits for one year.
https://image.cnbcfm.com/api/v1/image/108113196-1741597752888-gettyimages-455722508-81764742.jpeg?v=1741597766&w=1920&h=1080
Source link