China Tech Stocks Extend Rally as Cathie Wood Buys In

The video discusses the impact of stock buybacks on JD.com, with insights from China expert Tom Mackenzie. It covers the rise in share prices, particularly in the Hang Seng Tech Index, which has seen a 9% increase over two days. The index is considered oversold, down 40% year-to-date, attracting mainland buyers. Other catalysts include Tencent's share buyback, which may continue until October, providing further support. Kathy Wood's reinvestment in JD.com after strong earnings is also highlighted.

What was the immediate effect of the $0.10 stock buyback?

• It led to a decrease in stock prices.

• It resulted in Kathy Wood selling her shares.

• It boosted the stock prices.

• It had no impact on the market.

What is the significance of the Hang Seng Tech index's recent performance?

• It suggests a decline in technology stocks.

• It shows a significant rise over the last two days.

• It indicates a stable market.

• It reflects a decrease in investor interest.

Why are mainland buyers interested in the Hang Seng Tech index?

• Because it is a stable investment.

• Due to government incentives.

• Because it is heavily oversold.

• Due to its high valuation.

What is the potential impact of Tencent's share buyback?

• It will have no effect on the market.

• It will result in a loss for investors.

• It could provide further support for Tencent.

• It may lead to a decrease in Tencent's stock value.

How does Kathy Wood's investment in JD.com affect the market?

• It discourages other investors.

• It has no impact on JD.com's stock.

• It leads to a decrease in JD.com's stock price.

• It signals confidence in JD.com's performance.