On February 27, local time, in the US stock market, Chinese assets exploded, “gaining momentum,” clearly outperforming the US stock market. According to Wind data, the Nasdaq China Golden Dragon Index opened high. By the close, it had an increase of 2.10%, achieving 5 consecutive trading days of gains and a new high during the year. Among China's securities, nearly 20 individual stocks, including Gaotu Group, BeiGene, Ideal Auto, and Youdao, rose more than 10%. Minsheng Securities said in a recent research report that it is actively concerned about undervalued overseas Chinese assets. Guolian Securities stated in its 2024 global annual strategy that from the current point of view, there is a high probability that the Federal Reserve will enter a cycle of interest rate cuts. Global liquidity may reach an inflection point, and attention should be paid to the value of China's assets. (China Securities Journal)
中国资产再次大爆发
Another major explosion of Chinese assets
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