Chinese stocks may be bottoming out with positive indicators like bullish patterns, strong earnings, and AI focus.

From Nasdaq:

Chinese equities have been underperforming due to the pandemic, real estate crisis, and slow economy. However, signs indicate that they may have bottomed out. Factors such as a bullish inverse head & shoulder pattern in FXI, strong earnings surprises from companies like JD. Com and Bilibili, insider buying from Alibaba, and China’s focus on AI technology suggest a potential turnaround.

Investors should keep an eye on Chinese stocks as they show signs of bottoming out, with factors such as a bullish pattern in FXI and strong earnings surprises from companies like JD. Com and Bilibili. Insider buying from Alibaba and China’s focus on AI technology also indicate a potential turnaround in the market.



Read more at Nasdaq: Zacks Investment Ideas feature highlights: FXI, KWEB, JD.Com, Bilibili and Alibaba