20-02-2025, 09:22 AM
The buying has been concentrated in technology stocks, with the Hang Seng Tech Index surging 33% in just one month.
"Many investors we spoke to last year still view China as a 'trading market' - fast money comes and goes, chasing trading rallies, while global long-term capital remains unconvinced and rarely participates," BofA analysts wrote in the report. "But encouragingly, we believe China's fundamental investment thesis has been improving."
https://news.seehua.com/post/1284573
"Many investors we spoke to last year still view China as a 'trading market' - fast money comes and goes, chasing trading rallies, while global long-term capital remains unconvinced and rarely participates," BofA analysts wrote in the report. "But encouragingly, we believe China's fundamental investment thesis has been improving."
https://news.seehua.com/post/1284573