Chinese concept stocks surged, sell US stocks to buy Chinese assets? Latest comments from foreign capital

Wallstreetcn
2025.01.29 07:09

Overnight, Chinese concept stocks in the U.S. saw a significant rise, with the Nasdaq Golden Dragon Index closing at 7090.19 points, an increase of 1.69%. Several stocks, including Tiger Brokers, Kingsoft Cloud, TAL Education, and Alibaba, rose by more than 5%. Today, Chinese assets once again showed strong performance, with the FTSE China A50 Index futures expanding their gains to 1%. Recent statements from foreign institutional investors indicate an increasing interest in Chinese assets, especially Chinese stocks. 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 broad investment opportunities for global investors. (Securities China)