Big China Flows Exit… Just as the Charts Start to Turn Up
China trying
Shanghai composite breaking above the short term trend line, closing just above the 50 day. This market has done nothing since September, so a possible breakout could be aggressive.
Source: LSEG Workspace
KWEB trying
KWEB is trapped between the longer term and the short term trend lines. A break out could be "dynamic"...
Source: LSEG Workspace
Say it with options
Playing possible catch up in China tech via options is attractive. Chart shows KWEB Jan 38/41 call spread, max around 5x.
Source: LSEG Workspace
Just in time?
Biggest China outflows just as China is catching bids.
Source: BofA
DeepSeek can
This is not nanoseconds behind... "We expect the V3.2 model will further boost GenAI adoption in China in the next few quarters. Within JPM’s China AI coverage, beneficiaries include: Alibaba, Tencent, Baidu, AMEC, NAURA, Huaqin and Inspur." (JPM)
Source: JPM
At a fraction of the price
China continues to deliver top notch AI models at a fraction of the price...
Source: JPM
China's NVDA
Cambricon remains stuck inside the range that has been in place since September, but upside momentum is igniting...
