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BABA, JD & BIDU Rally: What's Behind Newfound Strength in Chinese Tech?

Emerging MarketsInvestor Sentiment & PositioningTechnology & InnovationCompany Fundamentals
BABA, JD & BIDU Rally: What's Behind Newfound Strength in Chinese Tech?

Henry Greene attributes the push higher in Chinese interest stocks to a tech rotation out of South Korea. The resulting rallies are playing out in Alibaba (BABA), JD.com (JD), and Baidu (BIDU), supporting a modestly constructive near-term view on the complex.

Analysis

Henry Greene attributes the push higher in Chinese interest stocks to a tech rotation out of South Korea. The resulting rallies are playing out in Alibaba (BABA), JD.com (JD), and Baidu (BIDU), supporting a modestly constructive near-term view on the complex.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

BABA0.25
BIDU