China’s A-shares surged 8.5%, and U.S. fund managers burned the midnight oil

China’s A-shares surged 8.5%, and American fund managers are working late into the night (probably kerosene lamps) to keep an eye on the A-shares! [We] just received a message from a friend, and my first reaction was: things have changed, and this time it’s the turn of the Wall Street elites to stay up late… We can’t always be the ones working late to invest in US stocks, right? (Smile)

China’s Stock Market Hits Record High, Leaving No Cloud For U.S. Fund Managers

Capital is profit-seeking, and there is nothing wrong with that. The performance of China’s A-shares over the past few decades is obvious to all. Despite all kinds of incredible magical phenomena, it still has a certain appeal to Wall Street fund managers and large and small consortiums. Wall Street investment banks represented by Goldman Sachs frequently publish their views on the Chinese stock market in major mainstream media, and sometimes list data to compare the US stock market to illustrate that A-shares are in a value trough and are undervalued. For example, the overall price-earnings ratio of A-shares is only 50% or 60% of that of US stocks.

In addition, there are also American pension funds and charitable funds that are more elegant in doing things without saying anything. Their approach is this: “I left quietly, just as I came quietly, I waved my sleeves and didn’t take away a cloud!” In fact, they just took away money!

China’s A-shares
We, U.S. Stock Investment Advisor

[We] have created the first $1 million for our clients… [We] would like to create more and welcome collaboration: we@riawe.com.

European and American managers like to study the wisdom of ancient Chinese people. The surge in A-shares this time provides the answer

Looking back now, is it understandable that Europeans and Americans, especially leaders and executives of think tanks, financial investment institutions, and technology companies, like to study the wisdom of ancient Chinese, such as “The Art of War”, Zhuangzi, Laozi, etc.? Surprisingly, the essayist Xu Zhimo is among them.

The Chinese stock market usually refers to the stock trading venues formed by the Shanghai Stock Exchange, Shenzhen Stock Exchange and Hong Kong Stock Exchange

The Chinese stock market usually refers to the stock trading venues formed by the Shanghai Stock Exchange, Shenzhen Stock Exchange and Hong Kong Stock Exchange. Among them, the citizens of the city where the Shanghai Stock Exchange is located, that is, the citizens of Shanghai, are the most active in investing in the stock market. We learned that the Shanghai citizens usually have A-share accounts worth between US$100,000 and US$500,000 in US dollars.

A-shares surged, investors bought Poly, Unigroup Guowei…

I was posting on WeChat Moments, lamenting that in the 2011 financial exam, a classmate advised me to open an A-share account, but I don’t know why, I never opened it until this time when A-shares surged 8.5%, setting the largest single-day increase since 2008. It is estimated that I lost several hundred million this time. As a result, this friend pointed out: “You made a lot this time!” I asked her: “Strange, how did you know?” … During the chat, I learned that this friend bought Poly and Unigroup Guowei, and I thought she bought the “Chinese concept stock” Tesla.

China’s A-shares surged 8.5% to a record high, which naturally attracted comments from various financial experts

China’s A-shares surged 8.5% to a record high, which naturally attracted comments from various financial experts. If you ask We what we think, I would say: “Most of the opinions are insightful and very likely to be correct. It is difficult to predict the final outcome, but the A-share rally may last longer than most people expect.”

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9 Years, 20% CAGR

2016-2024, Compound Annual Growth Rate

CAGR (%)
RIAwe 20
Nasdaq 16.59
S&P 500 12.82
Dow Jones 10.79

PS: The DATA provided by Interactive Brokers.