Hang Seng Tech Index $HSTECH(HSTECH)$ brushes off another down day on Wall Street to tack on another 4.5% gain. Now up 41% from January lows. 🔥🔥🔥 $KWEB $KTEC
The fact this bull market has barely paused even in light of Trump’s push for strong investment curbs against China’s tech sector is indicative of the real sentiment change in the market. Even locals (Chinese) keep piling i to the market because they know things are getting better.
Premiums to ADRs:
$BABA-W(09988)$ $Alibaba(BABA)$ +5.1%
$JD-SW(09618)$ $JD.com(JD)$ +7.9%
$BIDU-SW(09888)$ $Baidu(BIDU)$ +2.7%
$Bilibili Inc.(BILI)$ $BILIBILI-W(09626)$ +4.6%
$GDS Holdings Ltd(GDS)$ $GDS-SW(09698)$ +3.8%
$XPeng Inc.(XPNGF)$ $XPENG-W(09868)$ +9.9%
$Li Auto(LI)$ $LI AUTO-W(02015)$ +10.9%
$NIO Inc.(NIO)$ $NIO-SW(09866)$ +4.7%
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