Chinese equities show signs of potential turnaround and long-term bull market, with positive data points.

From Nasdaq: 2024-05-02 22:45:00

Over the past decade, investing in China has been challenging, with the iShares China Large-Cap ETF (FXI) experiencing a rangebound market. However, recent data points suggest a potential turnaround, including long-term price rotations and positive earnings surprises from companies like JD.com (JD) and Alibaba (BABA).

Additionally, despite concerns over Taiwan, Chinese President Xi has indicated that China is unlikely to invade Taiwan. The Krane CSI China Internet ETF (KWEB) saw a significant increase in volume, signaling strong institutional accumulation, while global investors are showing increased interest in Chinese equities.

In conclusion, Chinese stocks may offer a rewarding opportunity for investors, with several bullish indicators pointing towards a potential long-term bull market. Experts are recommending paying attention to these trends and considering Chinese equities as part of a diversified portfolio for potential gains.



Read more at Nasdaq: Chinese Equities: 5 Data Points Suggest Long-Term Bull is in its Infancy