$Alibaba(BABA)$ led the charge for the major US listed Chinese tech giants, closing up a massive 10%.
Not to be outdone $GIGADEVICE(03986)$ made a grand entrance in Hong Kong & immediately surged over 50%.
It seems that investors have a massive appetite for anything AI related right now, especially when it comes to the "picks and shovels" of the industry.
So the trend is up now but be prepared for volatility. Compared to the US AI stocks , Chinese stocks are undervalued.
For the bold and brave, it is time to deploy the war chest for exciting opportunities ahead. My focus is on quality Chinese companies such as Alibaba, which are aligned with China's innovation push.
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- richeggΒ·01-13 20:52TOPAlibaba's surge was epic! AI stocks are undervalued gems, time to pile in. [666]1Report