Chinese stocks listed in US trading at historically low valuations compared to Nasdaq peers.

From Google: 2024-09-04 06:00:00

China stocks listed in the US are trading at their cheapest levels compared to their Nasdaq peers since 2006. This is due to ongoing regulatory crackdowns and concerns over Chinese companies. This has resulted in a significant valuation gap, with Chinese stocks trading at a deep discount.

The Hang Seng Tech Index, which includes many Chinese tech stocks, is down 34% from its peak in February. Chinese companies listed in the US have also been hit hard, with the Invesco Golden Dragon China ETF down 33% from its peak this year. This has led to an influx of short sellers targeting Chinese firms.

Investors are growing increasingly worried about the impact of Beijing’s crackdown on Chinese companies listed in the US. This has led to a surge in short interest for Chinese stocks, as investors fear further regulatory actions. The ongoing uncertainty has resulted in Chinese stocks trading at historically low valuations compared to their Nasdaq peers.



Read more at Google: China Stocks Listed in US Near Cheapest Ever Versus Nasdaq Peers – BNN Bloomberg