Even with the absence of any cross-border buying by mainland investors, the $HSI(HSI)$ managed to jump another 8.5% today (10/2). That's a 48.2% gain in just 11 trading days. 🔥🔥🔥 $KraneShares CSI China Internet ETF(KWEB)$ $KraneShares Hang Seng TECH Index ETF(KTEC)$ $Direxion Daily CSI China Internet Index Bull 2x Shares(CWEB)$
The following major HK listed tech stocks have the biggest premiums to their ADR counterparts:
$TENCENT(00700)$ +10.0% ‼️
$BABA-W(09988)$ +5.2%
$JD-SW(09618)$ +11.0% ‼️
$NTES-S(09999)$ +6.9%
$BIDU-SW(09888)$ +7.6%
$TME-SW(01698)$ +6.4%
$BILIBILI-W(09626)$ +13.8% ‼️‼️
$LI AUTO-W(02015)$ +9.4% ‼️
$NIO-SW(09866)$ +8.4%
$XPENG-W(09868)$ + 10.2%‼️
You thought it was only Chinese tech and real estate stocks soaring? Appliance retailer $MIDEA GROUP(00300)$jumped 26% today to hit its highest level since its IPO on September 17. It's now up 70% from its IPO price
https://twitter.com/BrianTycangco/status/1841395245461987603
Comments