Latest news with #ChineseShares
Bloomberg
3 days ago
- Business
- Bloomberg
Chinese Stocks Score Over Indian Peers on Tally of Analyst Bets
Investors have more to gain from buying Chinese shares than those in India, according to a tally of analysts' estimates. The average estimate is for the Hang Seng China Enterprises Index to return over 25% in the next 12 months, more than double what analysts expect for India's NSE Nifty 50 Index, according to data compiled by Bloomberg. A major driver is a difference in earnings performance: The 12-month forward consensus earnings estimate for the HSCEI has risen 4.4% this year. A similar estimate for the Nifty 50 has declined.
Bloomberg
14-05-2025
- Business
- Bloomberg
Chinese Stocks Advance on Growing Optimism Over Tech Earnings
Chinese shares rose before earnings announcements by key tech firms, with sentiment also boosted by a positive report on Contemporary Amperex Technology Co.'s offering. The Hang Seng China Enterprises Index climbed as much as 2.3%, recouping losses from the previous session. Tencent Holdings Ltd., Xiaomi Corp. and Alibaba Group Holding Ltd. were the biggest contributors to the gauge's gains. The onshore benchmark CSI 300 Index rose as much as 1.7%.
