30% surge in 1 month! China concept stocks counterattacked, and such funds took advantage of the situation to recover blood

The peripheral assets where the Chinese concept stocks are located have rebounded strongly, and the net value of related QDII funds has returned to blood. The highest increase in just one month actually exceeded 30%, making it the best-performing type of fund in the entire market. The number of funds with an increase of more than 20% exceeds 50, and most of them are QDII products with heavy positions in US stocks and Hong Kong stocks. Specifically, the Changxin Global Bond Fund, which ranks first in terms of gains, has seen its dollar and renminbi shares both increase by more than 30% in the past month. | Related reading (Securities Times)

He Chen

Chinese concept stocks, which fell to the bottom before, have been rebounding recently. The highest increase in just one month has exceeded 30%. The increase may be because they have fallen too much before and the stock price has fallen to the bottom. Whether it is the rebound of Chinese concept stocks or the increase in foreign capital holdings, it shows that the market’s evaluation of China-related assets has changed. Behind this is the reason why Chinese concept stocks have fallen to a low level before, oversold and rebounded. Foreign investors feel that the timing of buying is more cost-effective. However, the liberalization of China’s epidemic prevention policy and the recovery of consumption and the Internet economy in the future may be the most important factors. ,

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