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中概股大涨,外资最新发声:卖美股买中国资产?

Chinese concept stocks surged, foreign capital's latest statement: sell American stocks and buy Chinese Assets.

Securities Times ·  Jan 29 08:08

On New Year's Eve, the US stock market is filled with a strong Chinese New Year atmosphere. Overnight, Chinese concept stocks in the US saw widespread gains, with the Nasdaq Golden Dragon Index closing at 7090.19 points, an increase of 1.69%, $KINGSOFT CLOUD (03896.HK)$$TAL Education (TAL.US)$$Alibaba (BABA.US)$with several individual stocks rising over 5%.

Today, Chinese Assets once again showed strong performance.$FTSE China A50 Index (.FTXIN9.CN)$Futures have increased by 1%.

From the recent statements of foreign institutions, foreign interest in Chinese assets, especially Chinese stocks, is increasing. With the steady advancement of China's market opening and the recovery of the economic fundamentals, it is believed that the Chinese stock market will provide vast investment opportunities for global investors.

Overnight, Chinese concept stocks surged.

Overnight, Chinese concept stocks saw significant gains, with the rise of several benchmark companies being particularly impressive.

The Nasdaq Golden Dragon Index, which reflects the performance of Chinese concept stocks in the US market, rose by 1.69%. Among the components of the Nasdaq Golden Dragon Index, $Kingsoft Cloud (KC.US)$$Agora (API.US)$$TAL Education (TAL.US)$$Alibaba (BABA.US)$$Gaotu Techedu (GOTU.US)$$21Vianet (VNET.US)$$Niu Technologies (NIU.US)$Eight stocks rose more than 5%.

Among them, the most notable is the surge of Alibaba. On January 28, US time, Alibaba rose 6.71%, closing at $96.03. In terms of Market Cap, Alibaba's single-day market value increased by $14.362 billion, equivalent to over 100 billion yuan.

On New Year's Eve, Alibaba Cloud made an appearance at the Spring Festival Gala for the Year of the Snake, showcasing its Tongyi Wansiang style transfer feature in the gala's stage performance, creating a stunning image of Karen Mok and Mao Buyi that resembled a painting.

In addition, according to media reports, the flagship model Qwen 2.5-Max of Alibaba Cloud's Tongyi Qianwen has officially been released. This model has over 20 trillion tokens of pre-training data. Currently, developers can experience the model for free on the Qwen Chat platform, and companies and Institutions can directly access the new model API service through the Alibaba Cloud Bailian platform.

Foreign capital is bullish on Chinese Stocks.

The world's largest sovereign wealth fund—Nicolai Tangen, CEO of the Norwegian Sovereign Wealth Fund, recently suggested in an interview at the World Economic Forum in Davos to sell US Technology Stocks and Buy Chinese Assets.

Tangen stated that the best practice is always to do the opposite. If one is to do the opposite of others, now is the time to sell US Technology Stocks, buy Chinese Assets, sell private Crediting, and buy those things that are less popular. "This is very, very difficult to accomplish because if you go against the trend and differ from the benchmark, you may perform poorly for some periods, and everyone will question whether you are sane," he said.

UBS Group CEO Ralph Hamers recently stated: "China is an important market for UBS. Over the past 25 years, China's Capital Markets have made significant progress and are now the second-largest stock market globally. In light of recent challenges, the Chinese market has demonstrated resilience and provided abundant investment opportunities for global investors."

At a recent media sharing conference,$Blackrock Debt Strategies Fund Inc (DSU.US)$Shen Yufei, Chief Investment Officer of Equities, stated while looking ahead to investment opportunities in 2025 that, although the global market is full of opportunities and challenges, A-shares remain one of the investment directions he is most bullish on.

Chinese listed companies have shown strong resilience in the face of challenges; the recently released export data is an excellent example. Against a backdrop of increasing global volatility, the excellent macro-level export data reflects many companies at the micro level coping with difficulties through outstanding efforts.

On January 23, CSRC Chairman Wu Qing stated at a State Council Information Office press conference that the CSRC continuously improves overseas investment policies for the Capital Markets, deepens the opening of the market, products, and Institutions, optimizes the overseas listing record system, broadens cross-border connectivity of the Capital Markets, and supports foreign Institutions conducting business in China. A total of 26 foreign-controlled or foreign-invested securities and fund companies have been approved, enhancing the convenience and stability of foreign participation in China's Capital Markets. From the perspective of foreign investment participation in the market, 866 QFIIs have obtained investment qualifications, holding 3 trillion yuan in A-shares. Foreign investment is an important source of funds for A-shares, with a considerable portion being medium- to long-term funds, including globally renowned pensions and commercial Insurance Funds.

Editor/danial

The translation is provided by third-party software.


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