As I posted a week ago China is improving. Check China Сredit Behaving Well! from Dec 3rd.
Our models signal BUY on the largest China internet companies: ALIBABA (BABA), BIDU (BIDU), TENCENT (TCHYE), NETEASE (NTE). Check charts below – very encouraging.
We also like KWEB (China Internet ETF), which is no surprise, as BABA, BIDU, TENCENT (TCEHY) are its major components.
More interestingly, our system generates signals independently.