Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / 2024 may be the year china s sleeping dragon awakens

HUYA - 2024 May Be The Year China's Sleeping Dragon Awakens (Technical Analysis)

HUYA Inc. American depositary shares each representing one Class A

2024-05-16 22:53:21 ET

Summary

  • China stocks are massively beaten down, neglected, and hated. There are signs that they have bottomed out, and might enter a "lockout" rally.
  • Many of these stocks have the potential to post triple-digit returns in the next 2-3 years.
  • I believe the reward-to-risk of investing in China stocks now is tremendously attractive.

China stocks may be shaping up to be a lockout rally, which is characterised by a strongly uptrending bull market that does not provide low-risk entries for new bulls to get long, and for existing bulls to add on. Thus, the majority are locked out of this opportunity, or end up under-invested....

For further details see:

2024 May Be The Year China's Sleeping Dragon Awakens (Technical Analysis)
Stock Information
Company Name: HUYA Inc. American depositary shares each representing one Class A
Stock Symbol: HUYA
Market: NYSE
Menu
HUYA HUYA Quote HUYA Short HUYA News HUYA Articles HUYA Message Board
Get HUYA Alerts

News, Short Squeeze, Breakout and More Instantly...