China’s Tech Stocks Just Went Parabolic — And Wall Street Is Watching
This article first appeared on GuruFocus. Chinese tech stocks are staging a comeback that’s turning heads across Asia. The Hang Seng Tech Index surged 4.2% on Wednesday, pushing the gauge to its highest level since November 2021 and marking its seventh straight week of gains. Baidu (NASDAQ:BIDU) led the move with a 16% jump, while…