China Tech Stocks Extend Rally as Cathie Wood Buys In

China Tech Stocks Extend Rally as Cathie Wood Buys In

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Interactive Video

Business

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What catalyst is mentioned that has attracted mainland buyers to the Hong Kong stock market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What share buyback action is discussed in relation to Tencent?

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