HSCEI - after a 2 year consolidation, it's ready for prime time
US markets roaring along with the value rotation well underway since November. This coincides with a move into emerging markets with a weaker US dollar. China is the key constituent within emerging markets and also one of the best performers during COVID still delivering solid GDP growth with continued expectations above 6%.
HSCEI is a value heavy index (Financials, commodities, energy) and so is the best play from a macro point of view, intersecting EM / China / Value (only at 11x trailing PE).
The chart tells the same story and after a 2 year long consolidation, it broke out and as is typical, pulls back to around break out level and ready for the main wave 3 move now.
HSCEI is a value heavy index (Financials, commodities, energy) and so is the best play from a macro point of view, intersecting EM / China / Value (only at 11x trailing PE).
The chart tells the same story and after a 2 year long consolidation, it broke out and as is typical, pulls back to around break out level and ready for the main wave 3 move now.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.