Hot Chinese ADRs Gain As Goldman Sachs, UBS Forecast Lift for Chinese Stocks From Market Reforms

Tiger Newspress04-24

China’s push to reshape its capital markets is set to give stock valuations a significant boost, according to Goldman Sachs. UBS Group joined the chorus by upgrading its recommendations on Hong Kong-listed stocks and a benchmark of Chinese stocks for overseas investors.

Valuations for the yuan-traded stocks, also known as A shares, may expand by as much as 40 per cent if China’s market manages to close gaps with global leaders in terms of factors including dividend payouts, buy-backs, corporate governance and institutional ownership after the sweeping reforms, Goldman analysts led by Kinger Lau wrote in a note on Tuesday.

Meanwhile, UBS raised its rating on the MSCI China Index and Hong Kong stocks to overweight, citing earnings resilience and policy support.

Hot Chinese ADRs gained in morning trading Wednesday. Alibaba rose 2%; JD.com, NIO and iQiyi rose 3%; Baidu and XPeng rose more than 1%; Bilibili rose 9%.

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Comments

AcidIce
04-24
AcidIce
So meaning they will OPENLY cheat & buy in regardless of the real situation?! Then if so how long can it last?! Until next week?! These china counters are toasts!

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UBS Group joined the chorus by upgrading its recommendations on Hong Kong-listed stocks and a benchmark of Chinese stocks for overseas investors.</p><p style=\"text-align: start;\">Valuations for the yuan-traded stocks, also known as A shares, may expand by as much as 40 per cent if China’s market manages to close gaps with global leaders in terms of factors including dividend payouts, buy-backs, corporate governance and institutional ownership after the sweeping reforms, Goldman analysts led by Kinger Lau wrote in a note on Tuesday.</p><p style=\"text-align: start;\">Meanwhile, UBS raised its rating on the MSCI China Index and Hong Kong stocks to overweight, citing earnings resilience and policy support.</p><p>Hot Chinese ADRs gained in morning trading Wednesday. 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Then if so how long can it last?! Until next week?! These china counters are toasts!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/298755969138872","repostId":1136612440,"repostType":2,"repost":{"id":"1136612440","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1713966549,"share":"https://www.laohu8.com/m/news/1136612440?lang=&edition=full","pubTime":"2024-04-24 21:49","market":"us","language":"en","title":"Hot Chinese ADRs Gain As Goldman Sachs, UBS Forecast Lift for Chinese Stocks From Market Reforms","url":"https://stock-news.laohu8.com/highlight/detail?id=1136612440","media":"Tiger Newspress","summary":"China’s push to reshape its capital markets is set to give stock valuations a significant boost, according to Goldman Sachs. UBS Group joined the chorus by upgrading its recommendations on Hong Kong-l","content":"<html><head></head><body><p>China’s push to reshape its capital markets is set to give stock valuations a significant boost, according to Goldman Sachs. UBS Group joined the chorus by upgrading its recommendations on Hong Kong-listed stocks and a benchmark of Chinese stocks for overseas investors.</p><p style=\"text-align: start;\">Valuations for the yuan-traded stocks, also known as A shares, may expand by as much as 40 per cent if China’s market manages to close gaps with global leaders in terms of factors including dividend payouts, buy-backs, corporate governance and institutional ownership after the sweeping reforms, Goldman analysts led by Kinger Lau wrote in a note on Tuesday.</p><p style=\"text-align: start;\">Meanwhile, UBS raised its rating on the MSCI China Index and Hong Kong stocks to overweight, citing earnings resilience and policy support.</p><p>Hot Chinese ADRs gained in morning trading Wednesday. Alibaba rose 2%; JD.com, NIO and iQiyi rose 3%; Baidu and XPeng rose more than 1%; Bilibili rose 9%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7b2f907c82da333164461d8279d85e58\" tg-width=\"384\" tg-height=\"980\"/></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Chinese ADRs Gain As Goldman Sachs, UBS Forecast Lift for Chinese Stocks From Market Reforms</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Chinese ADRs Gain As Goldman Sachs, UBS Forecast Lift for Chinese Stocks From Market Reforms\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-04-24 21:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>China’s push to reshape its capital markets is set to give stock valuations a significant boost, according to Goldman Sachs. UBS Group joined the chorus by upgrading its recommendations on Hong Kong-listed stocks and a benchmark of Chinese stocks for overseas investors.</p><p style=\"text-align: start;\">Valuations for the yuan-traded stocks, also known as A shares, may expand by as much as 40 per cent if China’s market manages to close gaps with global leaders in terms of factors including dividend payouts, buy-backs, corporate governance and institutional ownership after the sweeping reforms, Goldman analysts led by Kinger Lau wrote in a note on Tuesday.</p><p style=\"text-align: start;\">Meanwhile, UBS raised its rating on the MSCI China Index and Hong Kong stocks to overweight, citing earnings resilience and policy support.</p><p>Hot Chinese ADRs gained in morning trading Wednesday. Alibaba rose 2%; JD.com, NIO and iQiyi rose 3%; Baidu and XPeng rose more than 1%; Bilibili rose 9%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7b2f907c82da333164461d8279d85e58\" tg-width=\"384\" tg-height=\"980\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","BILI":"哔哩哔哩","IQ":"爱奇艺","BIDU":"百度","JD":"京东","TME":"腾讯音乐","NIO":"蔚来","XPEV":"小鹏汽车"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136612440","content_text":"China’s push to reshape its capital markets is set to give stock valuations a significant boost, according to Goldman Sachs. 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