Part 7/9:
Impressive Performance of Chinese Tech Shares
The Hang Seng Tech Index has soared this year, gaining approximately 17.3%, outpacing the 10% rise of the broader Hang Seng Index. Over the past year, the index’s return has been a remarkable 86.45%, indicating robust investor confidence in Chinese tech companies despite regulatory challenges. Many analysts believe that, over the long term, these stocks will continue to grow their earnings healthily, provided valuations remain reasonable.