China is running with the bulls now, it seems… all on the heels of a big stimulus push by the government.
This is no surprise to us.
We’ve been highlighting specific trade and longer-term investment opportunities to our Steady Trader members prior to China’s recent stimulus measures.
Serge Berger recently interviewed Brendan Ahern, Chief Investment Officer of KraneShares, on The Steady Wealth Podcast – all about China.
In it, Brendan outlined the bullish case for Chinese equities primarily due to:
- The Chinese government increasingly buying equities
- Global investors returning after the January 2024 market sell off – and with many in Asia rotating out of overvalued India, and also Japan due to Yen concerns
- Increasing focus on shareholder value with increasing dividend payments, etc.
- The Chinese consumer “is alive” with high relative disposable saving rates for future investments
- Increasing stock buybacks/higher buyback yields.
Click HERE to watch that podcast interview:
China Bull Case’ Podcast interview (must see):
Two of the Chinese ETFs we highlighted included the:
- China Large-Cap iShares ETF (FXI)
- CSI China Internet ETF (KWEB).
Both these assets recently flashed “buy” trade idea signals within our proprietary trend/trading Market Rover algorithm platform with actionable trade ideas for our members:
We also outlined a KWEB investment portfolio/“Bucket 3” trade idea for our Inner Circle members on 9/25/24 with T-1 ($32.50) and T-2 ($35.00) projected profit targets, entering at $29.30 and exiting on 9/30/24 at $35.30, or a 20.50% return on risk capital!
So you see, there’s a lot to like about China’s market at the moment.
But this isn’t anything new to us – we’ve been watching it with Market Rover already.
Now was just the time to pounce on it.
Click HERE to get Market Rover and be ahead of trends – not behind them!
Happy Trading!
