报道称，Taosha Wang表示，除了经济基本面和“动物精神”之外，Fidelity portfolio manager Taosha Wang stated that Fidelity International has increased its Shareholding in China Stocks and has given an overweight allocation. In addition to economic fundamentals and 'animal spirits,' exciting new AI tools like DeepSeek will also create opportunities.
After DeepSeek turned the U.S. stock market upside down, foreign investors are increasingly Bullish on the Chinese stock market.
Recently, Taosha Wang, a portfolio manager at Fidelity Investments, stated in an interview with Bloomberg Television that Fidelity International has increased its Shareholding in Chinese Stocks and given an overweight rating, indicating that the 'animal spirit' in the Chinese market is returning.
Reports indicate that Taosha Wang noted, in addition to economic fundamentals and the 'animal spirit,' exciting new AI tools will also bring opportunities. Taosha Wang refers to DeepSeek.
Taosha Wang believes that although 'the road will not be smooth,' the Chinese market may rebound:
'This is an exciting market with many high-quality companies, but it is also a very cyclical market.'
In addition to Fidelity International, billionaire investor David Tepper's hedge fund Appaloosa LP has also significantly increased its Shareholding in Chinese concept stocks and Chinese stock funds for the fourth quarter of 2024.
Tepper believes that stocks in the Chinese market are significantly cheaper than those in the U.S. stock market. Analysts point out that this latest Shareholding increase highlights confidence in the Chinese stock market and economy.
According to the latest Prime Services data from Goldman Sachs, there was a moderate net Buy of stocks in China (including onshore and offshore) in January, indicating a rebound in risk appetite.
Editor/ping
