The Chinese stock market in the United States has set the best start in history.Chinese technology giants Alibaba led a led. The approval of the capital increase plan of the Ant Group subsidiary of the affiliated enterprise has boosted the market for optimistic emotions that the Chinese Internet industry rectification is slowing down.
Bloomberg reported that the Nasdaq's Golden Dragon China Index rose 8.6%on Wednesday (January 4), and the increase in early 2023 expanded to 13%, the highest level since 2001.The market believes that despite interference, China's unblocking will eventually boost economic and corporate profits and promote the rise of stock prices.
Alibaba, holding Ant Group's shares, also rose 13%that day, setting the largest single -day increase since June last year, and the transaction volume has increased to about twice the average of three months.Jingdong and Pinduoduo also rose 15%and 7.7%respectively.
GWK Investment Management's investment portistor Felnanders said: "Last year, there were still problems in children who were willing to invest in.Let us focus on the economy. "
Fernandez also described the news of ants to" huge surprises "for most institutional investors.He said: "Many investors are shocked and found that their Chinese stock allocation is too low. In the face of rapid changes, they will correct it."
