gtag('config', 'G-0PFHD683JR');
Markets

3 Chinese storage exceeding 50 % ytd – while S&P 500 Sinks – Xpeng (NYSE: XPEV), Tuya (NYSE: Tuya), VNET GR (Nasdaq: VNET)

While Wall Street is wrestling with recession fluctuations and fears, the China stock market is in a rupture. while S&P 500 indicator More than 4.6 % decreased on an annual basis, and three -based shares rose by more than 50 %, fueled by artificial intelligence investments and transferring investor morale.

City Her position recently from American stocks has been reviewed to a neutral weight gain, noting the concerns of the economic slowdown, I mentioned Business world. Meanwhile, the company promoted China’s rating to weight gain, which resulted in amending the expectations of GDP growth to 4.7 % of 4.5 %, thanks to the investments driven by artificial intelligence.

Goldman Sachs He repeated this feeling, as I mentioned By Markets Insider, noting that the technology industry in China is still less valuable compared to global peers.

The MSCI China has gained 20 % YTD, which is its best start for a year ever. Goldman Sachs’s analysts have highlighted that global investment funds, which have been largely far from Chinese stocks, are reviewing their position. If the founders increase only 1 % allocating them, this may lead to an estimated $ 8 billion in pure purchase.

Also read: Trump, the eleventh discussed the potential “Christmas Summit” amid increasing commercial tensions: Report

Interestingly, three out of 10 shares (the maximum market is $ 2 billion and above) that have achieved YTD’s highest returns, are from China:

no. index a company Perf YTD (starting at 2 pm East time, March 11) nation
1 Vnet VNT Group Inc 132.41 % China
2 xpev Xpeng Inc 128.74 % China
3 Toya Tuya Inc 126.44 % China
4 Hayes H & E Equipment Services, Inc. 94.17 % USA
5 root Root Inc 91.13 % USA
6 Kc KingSoft Cloud Holdings Ltd 67.73 % China
7 Hasai Hessai Group 44.73 % China
8 Pope Alibaba Hold Ltd collection 62.70 % China
9 GDS GDS Holdings Ltd 64.24 % China
10 Itci I inside cell treatments 55.82 % USA

Among the biggest winners of the China stock market recovery:

  1. VNT Group Inc. VnetIncreased 132.41 % YTD, this data center service provider has benefited from the increasing infrastructure needs in China and AI.
  2. Xpeng Inc. xpevThe EV maker increased by 128.74 % YTD, riding a wave of pushing China to the independent leadership driven by artificial intelligence.
  3. Tuya Inc. Toya -A major player in AIOIT (AI Intelligence), TUYA increased by 126.44 % YTD, and benefited from automation trends driven by artificial intelligence.

While American stocks are fighting, Chinese stocks benefit from the shift in feelings. The S&P 500 has decreased to less than the moving average for 200 days, and the late market leaders, raising concerns about performance in the short term.

City expert Macro Dirk Willer He pointed out that although American stocks may regain momentum when they resume increased artificial intelligence, short -term growth prospects seem weaker for global markets.

The Hang Seng Tech Index increased 32 % YTD, with the main players like Alibaba Group Holdings Ltd Papar Popeand Tinetnets holders Tcehy and Baidu Inc Bidu All publication is digital gains.

Analysts believe that the latest artificial intelligence -based technology breakthroughs can have the ability to survive, making it a convincing play among American market tensions.

Referring to Citi and Goldman Sachs to the return of China, which is driven by artificial intelligence, investors take a new look at Chinese stocks. While the Wall Street moves in uncertainty, the highest -performance stocks in China prove it difficult to ignore.

Read the following:

Photo: Shutterstock

Stock points closed: Do you want to see them?

Benzinga categories give you vital standards on any stock – at any time.

Detecting the full result

batch98.46

growth91.45

quality

value8.79

This content was partially produced with the help of artificial intelligence tools and was reviewed and published by Beenzinga editors.

Market news and data brought to you benzinga Apis

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button