Why China stocks rallied

After flushing out bears in late May 2023, China markets roared higher. The politburo indicated in its key meeting last week that it would loosen its regulatory crackdown on the technology industry. Markets are pricing over two years.

Alibaba’s (BABA) canceled IPO of Ant Group for $37 billion in Nov. 2022 marked the start of that crackdown.

For the YTD, the China Internet ETF (KWEB) is up 5.1%, compared to the -4.42% YTD return from the 2X Bull ETF, CWEB.

Fidelity China Special Situations PLC (LON:FCSS), the UK’s largest China Investment Trust, capitalises on Fidelity’s extensive, locally-based analyst team to find attractive opportunities in a market too big to ignore.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Fidelity China Special Situations

More articles like this

Fidelity China Special Situations

Investors bet on more stimulus as China’s economy slow

China stocks saw a slight increase on Monday, as investors anticipated more stimulus measures following the unexpected economic slowdown in the second quarter. This downturn has been attributed to a prolonged property slump and job market

Fidelity China Special Situations

China stocks surge following new short-selling curbs

On Thursday, China stocks rebounded after the securities regulator introduced additional restrictions on short-selling to enhance market sentiment. Hong Kong stocks also experienced a significant increase. The China Securities Regulatory Commission announced on Wednesday that securities

Fidelity China Special Situations

Abundant opportunities in China’s stock market

China’s economic growth outlook remains optimistic, with favorable current valuations for Chinese equities, as highlighted by investment management organization Invesco China. The economy’s recovery in the second quarter has set a positive tone, with expectations for

Fidelity China Special Situations

China stocks see notable gains amid manufacturing surge

China’s stock market experienced a notable rise on Monday following a private sector survey revealing that the country’s manufacturing activity expanded at its fastest rate in over three years. Meanwhile, the Hong Kong market remained closed

Fidelity China Special Situations

Deutsche Bank’s optimistic outlook on China’s market

Despite ongoing concerns about geopolitical risks, particularly those involving US-China relations amidst an election year in the US, Deutsche Bank Private Bank maintains a positive outlook on the Chinese market. This optimism spans tactical, medium, and

Fidelity International

Fidelity China Special Situations May Factsheet, China equities rally

Fidelity China Special Situations (LON:FCSS) has announced its monthly summary for May 2024. Portfolio Manager Commentary Chinese equities rallied in the recent months, recouping some of previous losses. Investor sentiment has turned relatively optimistic amidst better-than-expected GDP

Fidelity International

Fidelity China Special Situations May Factsheet, China equities rally

Fidelity China Special Situations (LON:FCSS) has announced its monthly summary for May 2024. Portfolio Manager Commentary Chinese equities rallied in the recent months, recouping some of previous losses. Investor sentiment has turned relatively optimistic amidst better-than-expected GDP

Fidelity China Special Situations

China stocks edge up

On Tuesday, Chinese stocks saw a modest increase, aligning with regional markets ahead of anticipated comments from Federal Reserve officials later in the day. Global investors are keenly watching for insights from various Federal Reserve speakers

Fidelity China Special Situations

Analysts anticipate Chinese stock market rally

Chinese stocks are poised for another surge following a recent period of consolidation. A significant meeting in Beijing next month is expected to introduce further supportive measures into the market, according to analysts from Goldman Sachs

Fidelity China Special Situations

Investors positive on China’s growth prospects

Investors are increasingly optimistic about China’s long-term growth prospects but remain “underinvested” in the world’s second-largest economy, according to Bonnie Chan Yiting, CEO of Hong Kong Exchanges and Clearing (HKEX). Despite this underinvestment, Hong Kong’s capital

Fidelity China Special Situations

Positive trends emerge for Chinese investors

Recent reports indicate a growing optimism among foreign investors towards the Chinese market. For instance, the number of new foreign-invested firms established in China surged by 74.4% year-on-year in January 2024, reflecting a strong confidence in

Fidelity China Special Situations

China economy poised for steady rebound

China’s economy is poised for a steady rebound throughout this year, underpinned by consumption-led recovery, a robust foundation laid in the first quarter and the gradual stabilization of the property sector, experts said. While the broader

Fidelity China Special Situations

Hong Kong stocks rise on China’s pro-growth efforts

Hong Kong stocks rise further on Friday, as market sentiment continued to improve, buoyed by China’s stepped-up efforts to boost the economy. The Hang Seng Index climbed 1.1% by midday, on track for a ninth consecutive