To The Moon

$CSI China Internet ETF(KWEB)$, $Invesco China Technology ETF(CQQQ)$, $Bilibili Inc.(BILI)$, $JD.com(JD)$, $Baidu(BIDU)$, $Pinduoduo Inc.(PDD)$, $Alibaba(BABA)$,$DiDi Global Inc.(DIDI)$, $Weibo(WB)$,$NetEase(NTES)$.

Do you believe CN stocks（Chinese ADRs）see "turning a corner" and it will be a true market with huge upside? Below are 3 signposts：

Recently, we‘ve seen many stocks rebound from the bottom, 

$MSCI Inc(MSCI)$$CSI China Internet ETF(KWEB)$

Looking at the figure above, these two Chinese stock ETFs rebounded from the bottom by more than 15% this month. $Kanzhun Limited(BZ)$,$Tiger Brokers(TIGR)$,$iQiyi Inc.(IQ)$,$TAL Education Group(TAL)$,$Daqo New(DQ)$,$Li Auto(LI)$……

The top list of rising Chinese stocks: 

The End of $DiDi Global Inc.(DIDI)$'s Probe

American depositary receipts in Didi Global Inc. traded as much as 68% higher in New York trading Monday after the regulators could effectively end a yearlong probe into its business as soon as this week. 

According to analysts, Just as $Alibaba(BABA)$'s Ant Financial IPO debacle marked the beginning of Beijing's unprecedented regulation of technology firms in China, the end of $DiDi Global Inc.(DIDI)$'s probe could mark the beginning of regulatory normalcy that kickstarts a new era of growth.

As for stock price, $Alibaba(BABA)$ reclaiming $100 while breaking above the 50DMA is a big deal. $DiDi Global Inc.(DIDI)$ jumped more than 20% in the last trading day. 

So what reason does China, which is generally considered to have good fundamentals, need to rise after the headwinds have subsided?

​Maybe the Earnings.

Analyst at Stansberry Research noted: "$KraneShares Bosera MSCI China A 50 Connect Index ETF(KBA)$ $iShares MSCI China ETF(MCHI)$ A stabilization in earnings expectations is adding to optimism that the worst may be over for China's beleaguered stocks. "

$Weibo(WB)$ bucking the down market. Another CN tech major recently reported better than expected 1Q results. The market is starting to take notice!

The Q1 performance of Chinese companies is as follows:

Source From Stansberry Research

The above picture shows US & China tech based on the most recent quarterly results:

US tech giants $Meta Platforms, Inc.(FB)$ $Amazon.com(AMZN)$ $Apple(AAPL)$ $Netflix(NFLX)$ $Alphabet(GOOGL)$ $Microsoft(MSFT)$ posted an average Q1 growth of 18%.

Regarding the valuation of giants, please review: AAPL, META, MSFT, GOOG, AMZN, NFLX's Valuation, Business & Headwinds 

Most of the Y-OY of Chinese giants $Alibaba(BABA)$,$Tencent Holding Ltd.(TCEHY)$,$Pinduoduo Inc.(PDD)$,$NetEase(NTES)$,$Baidu(BIDU)$as of Q1 also rose, and the average rise was more than 8%.

Source From Tian Feng Securities

Also, there is good news worth noting: US Commerce Secretary: Biden Asks Team to Study the Option to Remove Some US Tariffs.

Analysis by the White House Council of Economic Advisers indicates tariff relief could slow inflation by at least a few tenths of a percentage point. That’s not a huge amount when the latest reading on consumer prices was an 8.3% surge in April from a year before.

Do you agree that the above three factors are the important reversal moment for China stocks?