Many of the Chinese names are at 52w highs
BlackRock’s take on Chinese stocks:
"They might pop down a bit before they go up, but they're kind of bubbling around where I'd see the bottom might actually be.”
Can someone please explain? 😂 Sounds like she wants to appear bullish but not really.
I’ve also never seen stocks bubble at the bottom. Many of the Chinese names are at 52w highs.
But, hey, it’s BlackRock.
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Chinese education stocks fly out of the gate on news Beijing will be promoting vocational learning. It appears authorities have realized the important contribution of the private education platform operators to the economy as more college graduates enter the workforce. $New Oriental Education & Technology(EDU)$ $TAL Education Group(TAL)$ $Gaotu Techedu Inc.(GOTU)$
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https://x.com/BrianTycangco/status/1839297758437716202
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- AuntieAaA·09-27GOODLikeReport