UBS Group: Chinese Technology stocks are currently "quite attractive."

UBS Group stated that the AI ecosystem and its related Industries "will definitely be the direction for China's future." Investors are Bullish on China mainly because of: AI and its applications, the expected appreciation of the yuan, the low valuation of the Chinese market, and its low correlation with the USA market.

wallstreetcnMay 14 03:34 ET

A stock market is closed, but A stock etf is still soaring!

"Bets on China" trades are hot, with funds flowing continuously from A-shares during holidays to Hong Kong, US-related ETFs. The ChinaAMC STAR50 ETF listed in Hong Kong once rose over 200%, with many Chinese concept stock ETFs soaring together. Market observers have noticed that funds from other regions in Asia are flowing back into the Chinese stock market.

wallstreetcnOct 3, 2024 01:08 ET

Institutional survey: AI applications in Chinese mainland enterprises are accelerating.

① 44% of the Chinese mainland respondents said that their companies have increased investment or upgrades in technology in the past 12 months. ② 81% of the Chinese mainland respondents expect their companies to increase technology application in the next 12 months, with AI (48%) being the first choice, followed by data analysis and visualization software (43%) and business intelligence software (37%).

cls.cnAug 21, 2024 23:00 ET