China concept stocks are still the most promising investment sector at present

The main positive news over the weekend was in the Chinese concept stocks, so today the Chinese concept stocks opened high, with sector gains exceeding 2%. At one point, the Hang Seng Technology Index rose more than 3%. However, excessive high opening can easily lead to a low move, so today's low move does not mean that the market is over, after all, this expectation is relatively good. Perhaps tomorrow's high move?

We still need to firmly adhere to a few expectations of the Chinese concept stock:

First, the risk of China Concept Stock has been released in the past two years, and the punishment of Ant Group means that the risk has been fully implemented, so China Concept Stock will be driven by the industry's own power in the future;

Secondly, Chinese concept stocks represent the strongest consumer, and internet companies in the US are actually very impressive. In fact, in the past, the market value of internet companies in the US has far exceeded that of other industries. Although they have been squeezed out by Tesla, the industry scale is still there;

Thirdly, the application of Chinese concept stocks in artificial intelligence is actually very extensive, which is also the direction for Chinese concept stocks to continue their entrepreneurship. Once Chinese concept stocks make new breakthroughs in artificial intelligence, there will be a new round of explosion in the Internet of Chinese concept stocks.

Therefore, in the past six months, the US stock market has experienced a surge in the internet market, but China Concept Internet has not kept up, which is completely illogical. Therefore, since it has landed now, China Concept Internet will inevitably gradually receive attention from funds. $Alibaba(BABA)$ $Tencent(00700)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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