HSTECH notched another day of solid gains
$HSTECH(HSTECH)$ notched another day of solid gains, rising 3.05%. Get this, the index is now up 41.5% year-to-date! $KraneShares Hang Seng TECH Index ETF(KTEC)$ $KraneShares CSI China Internet ETF(KWEB)$ $Direxion Daily CSI China Internet Index Bull 2x Shares(CWEB)$ $BABA-W(09988)$ $JD-SW(09618)$ $BIDU-SW(09888)$ $TENCENT(00700)$ $CoreValues Alpha Greater China Growth ETF(CGRO)$
It wasn't so much as large upward moves by tech majors but mostly Stock Connect-enabled names that could be the target of mainland buyers when the China markets reopen tomorrow.
$XIAOMI-W(01810)$ +5.3%
$SMIC(00981)$ +21.7%
$SENSETIME-W(00020)$ +9.9%
$HUA HONG SEMI(01347)$ +16.2%
$KINGSOFT(03888)$ +11.9%
$ZA ONLINE(06060)$ +12.9%
Biggest HK premium to ADR shares:
$BIDU-SW(09888)$ 3.5% premium
$LI AUTO-W(02015)$ 5.8%
$XPENG-W(09868)$ 4.3%
$NIO-SW(09866)$ 3.6%
$WB-SW(09898)$ 2.9%
Image
Image
https://x.com/BrianTycangco/status/1843212818537164877
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.
