US EditionMove over, Magnificent 7: Goldman Sachs proposes the 'Prom 10,' China's top stocks including Tencent, Alibaba and BYD
4 Articles
4 Articles
Fidelity Fund Manager Buying China Tech Over Magnificent Seven - Alibaba Gr Hldgs (NYSE:BABA), Invesco China Technology ETF (ARCA:CQQQ), BYD (OTC:BYDDF), Alibaba Gr Hldgs (OTC:BABAF)
Portfolio manager George Efstathopoulos is bullish on Chinese tech stocks, citing innovation surge and gov't support. Valuations and performance favor China over US.
Everyone talks about the US and Europe, while China also offers promising opportunities for investors. Why especially ETF convince – and what Tencent and Alibaba have to do with it.
Move over, Magnificent 7: Goldman Sachs proposes the 'Prom 10,' China's top stocks including Tencent, Alibaba and BYD
Investors are flocking to Chinese markets in a search for alternatives to U.S. equities. DeepSeek’s AI breakthrough earlier this year proved that China could compete on the technological frontier. Economists are betting that Beijing might finally unleash more stimulus to revive flagging domestic consumption. And policy volatility in Washington, thanks to U.S. President Donald Trump’s trade war, is pushing investors to start diversifying their po…
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