China's Tech Stocks Surge: What Top Investors Know That You Don't
BABABABA(BABA) Benzinga·2024-09-28 03:18

Even though the Chinese stock market has been scrutinized extensively in the past couple of years, some investors have begun to realize that there is much more upside than apparent risk for Asia's powerhouse. China's technology sector has the lowest valuation in history compared to its American counterpart. Measured through the KraneShares CSI China Internet ETF KWEB, names in this space now trade at steep discounts against peers like Alphabet Inc. and even Amazon.com Inc.. While discounted stocks might not ...