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Is the bear market for Chinese concept stocks coming to an end?
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Chinese concept stocks are entering their earnings season. Many companies have released their latest earnings reports, indicating signs of r Show More
Chinese concept stocks are entering their earnings season. Many companies have released their latest earnings reports, indicating signs of recovery.
Tencent saw a 10.71% YoY revenue increase in Q1 due to the growth of its three core businesses: Digital economy, Advertising, and Gaming. Alibaba's net profit also increased by 39% YoY, with plans to spin off its cloud division for an independent IPO. Baidu's revenue reached USD 4.54 billion, surpassing market expectations for revenue and profit with a YoY net profit increase of 48%.

In the competitive cloud market, companies are investing in AI, like Tencent planning significant investments in AI and cloud infrastructure. Foreign capital firms are increasing their holdings in Chinese stocks, particularly in technology stocks with strong development momentum. Temasek increased its stake in Alibaba by 3% this quarter, currently ranking as its fourth heaviest position. At the same time, big short-seller Michael Burry also chose to increase his holdings in BABA and JD stocks, bullish on a rebound in the Chinese market.

1) Which Chinese stock do you think has the greatest potential?
2) How do you view Michael Burry and Temasek increasing their holdings in Chinese stocks?
3)  Will AI research by Chinese companies pose a threat to current AI?

Rewards:
The writers of the top 6 posts will be awarded 1,000 points each. Posting your trading records can increase your chances of winning the prize.
*The selection is based on post originality, quality, and user engagement.
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