Chinese assets welcome a value reassessment, international investment banks intensively raise target prices for multiple Chinese stocks

Wallstreetcn
2025.02.26 22:26

Recently, DeepSeek has triggered a continuous rise in Chinese assets. With various funds continuously "sweeping up" purchases, as of last weekend, the Hang Seng TECH Index has risen for six consecutive weeks; looking at individual stocks, leading Chinese tech stocks such as Alibaba, Tencent, Xiaomi, and SMIC have also accumulated significant gains this year. Meanwhile, international investment banks such as Goldman Sachs, Citigroup, Morgan Stanley, and JP Morgan have recently raised the target prices for multiple Chinese stocks. Foreign institutions believe that under the boost of multiple favorable factors, global funds are expected to continue flowing back into Chinese assets. (Shanghai Securities Journal)

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