Thank you for this very revealing post. There is absolutely no speculation in China assuming the pre eminent role in research and develolment, at least in my field. In every AI conference (e.g. the recent CVPR edition at Denver) one will find that about 60% of the attendees are Chinese. Paper acceptance is entirely based on merit. When the Chinese portion dominates, we can extrapolate so many things - the funding, the research capital being built and the inexorable nature of china's rise as a technological superpower.
Hi Fred, I cannot buy KWEB on my French broker so I use HSTE.PA to get exposure to these Chinese dragons. The index is Hang Sen Tech. So far I'm 20% in the red but I have angelic patience.
Thank you for this very revealing post. There is absolutely no speculation in China assuming the pre eminent role in research and develolment, at least in my field. In every AI conference (e.g. the recent CVPR edition at Denver) one will find that about 60% of the attendees are Chinese. Paper acceptance is entirely based on merit. When the Chinese portion dominates, we can extrapolate so many things - the funding, the research capital being built and the inexorable nature of china's rise as a technological superpower.
Thanks for the insight and contributing here !
Very interesting
Hi Fred, I cannot buy KWEB on my French broker so I use HSTE.PA to get exposure to these Chinese dragons. The index is Hang Sen Tech. So far I'm 20% in the red but I have angelic patience.
Patience is key.
Not a short-term trade for me.
I may see a short-term bottom signal and I would flag it but so far more of a medium term play.
I think over 6-9 months the rotation could really make it benefit.
That's also my timeline. There is a lot of value in these Chinese tech stocks.
I came to the same conclusion. China is the biggest valuation and positioning divergence in the world.