Billionaires and investors bullish on Chinese stocks, record buybacks, short interest, and growth signs
From Nasdaq: 2025-02-21 13:11:00
Legendary investor George Soros and Stan Druckenmiller’s quotes on the Chinese market set the tone for the current investment landscape. Billionaire David Tepper’s massive $6.73 billion bet on Chinese equities, with significant allocations to Alibaba, JD.com, and others, signals confidence in the market. Tepper’s bullish stance on China is evident as he goes all-in on Chinese stocks, disregarding traditional hedges.
Share buybacks in China hit record highs in 2024, showcasing bullish sentiment. Fresh breakouts in stocks like JD.com present new opportunities for investors. Additionally, record short interest in Chinese stocks adds fuel to the fire for potential price spikes. The Chinese stock market shows signs of continued growth with an expanding balance sheet and strong investor interest.
Zacks Investment Research identifies 7 elite stocks, including Apple and Baidu, as top picks for potential early price pops. These stocks, selected from a list of Zacks Rank #1 Strong Buys, have historically outperformed the market with an average annual gain of +24.3%. Investors are urged to pay attention to these hand-picked stocks for potential gains in the next 30 days.
Read more at Nasdaq: China Stocks: Why the Party is Just Starting