Chinese concept stocks in the U.S. stock market saw a significant rise in after-hours trading
Today, the A-share market surged sharply, and the US stock market's Chinese concept stocks also rose significantly in after-hours trading, with YINN Direxion FTSE China Bull 3X ETF reaching a peak increase of nearly 9%. Goldman Sachs recommends: continue to overweight Chinese concept stocks
With today's A-share market experiencing a sharp surge, the US stock market's Chinese concept stocks also saw significant gains in after-hours trading.
As of the time of publication, the Direxion FTSE China Bull 3X ETF (YINN) rose 7.06% in after-hours trading, peaking at nearly 9%; Bilibili increased by 4.53% in after-hours trading, with a maximum rise of over 5%; XPeng saw a rise of 9.23% in after-hours trading.
Recently, the latest forecast from foreign investment institution Goldman Sachs has gone viral. Goldman Sachs' latest research report predicts that the MSCI China Index and the CSI 300 Index will rise by about 20% by the end of 2025. Based on considerable risk-return, the institution recommends continuing to overweight A-shares and offshore Chinese stocks. Looking back, Goldman Sachs' previously released 2025 China Market Outlook report estimated that the MSCI China Index and the CSI 300 Index would rise by 15% and 13%, respectively, in 2025