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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
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