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Hot chinese concept stocks surged in premarket trading

Tiger Newspress2021-08-24

Hot chinese concept stocks surged in premarket trading.Alibaba,Pinduoduo,JD.com,Baidu,NIO,Didi Global and Bilibili climbed between 2% and 8%.

Chinese technology stocks rallied for a second day, as sentiment was boosted by Tencent Holdings Ltd.’s stock buyback and as Cathie Wood bought back into JD.com after a strong set of results.

The Hang Seng Tech Index extended its advance to as much as 7.1%, adding to a gain of more than 2% on Monday, after a five-week rout that took the gauge to the lowest level since inception last year.

While there’s no indication that China’s regulatory will ease, the absence of significant new initiatives in recent days has helped draw in bargain hunters.

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评论56

  • joker1
    ·2021-08-25
    No fear if u are a long term investor, just don't touch the 3 main pillars (education, property and healthcare) they mentioned will be heavily regulated. don't miss the great china sales.
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  • LimLS
    ·2021-08-25
    Hopefully it's a rebound, not a dead cat bounce. I feared for more regulations and the recent investigation of senior party staff in Hangzhou seems to say this is still not the end. Good luck everyone
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  • woonws
    ·2021-08-24
    Is the sudden optimism justified?
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  • JustStonks
    ·2021-08-24
    I’m long in a lot of Chinese stocks. But I think that the fear, uncertainty and doubt is not over yet. But anyway, let’s see where we are in 2 years time. Institutions will likely to get back into them. Tight regulation is good for the long term and Chinese companies overall. 
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    • IAS
      [Smile]
      2021-08-25
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    • joker1
      [爱你]
      2021-08-25
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  • BettyT
    ·2021-08-24
    China stocks jia yu! 💪🏻💪🏻💪🏻
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  • Calvinchin
    ·2021-08-24
    🚀 yes 👏🏻 
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    • Surya
      Yes
      2021-08-24
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  • TK360
    ·2021-08-24
    Nice 
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  • CCCH
    ·2021-08-24
    Great 
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  • Dalex1212
    ·2021-08-24
    Road to recovery now 
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  • JLX
    ·2021-08-24
    Nio! 
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    • JLX
      Ok
      2021-08-26
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    • Calvinchin
      Ok
      2021-08-24
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    • Steve81
      Yeah!!!
      2021-08-24
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  • Photoniz
    ·2021-08-24
    Looking good for $Alibaba(BABA)$
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  • TATAN
    ·2021-08-24
    Like pls
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    收起
    • JLX
      Ok
      2021-08-24
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  • Syee
    ·2021-08-24
    Please like 
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    • Gracejul
      Great! Like pls
      2021-08-24
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  • sSS
    ·2021-08-24
    Yay
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  • cynn
    ·2021-08-24
    Nice
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  • Steve81
    ·2021-08-24
    Jiayou! 
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    收起
    • henry0leu
      like and comment!
      2021-08-24
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  • Yangli
    ·2021-08-24
    Nice 
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  • HENRYCSC
    ·2021-08-24
    Go
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  • SanWangtikup
    ·2021-08-24
    Good 
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  • Simon2021
    ·2021-08-24
    Finally
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