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HSI1 | 25,889.48 | -400.84 | 490.37B |
HSCEI1 | 9,222.54 | -135.78 | 194.82B |
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2025-10-13 12:07:26 The escalating trade tensions between China and the US led to declines in the Nasdaq/ KraneShares Trust KraneShares CSI China Internet ETF (KWEB.US)/ Futu (FUTU.US) on October 10, dropping by 4%/ 7%/ 11%, respectively, JPMorgan's report stated. The broker assumed that Chinese banks with stable EPS records and relatively high dividend yields, including BANK OF CHINA (03988.HK), CCB (00939.HK), BANKCOMM (03328.HK), ICBC (01398.HK), and China Merchants Bank (600036.SH), will Outperform in the short term. Conversely, high-beta stocks such as Futu and STANCHART (02888.HK) may lag behind in performance over the next week, but this could create attractive entry points as their fundamentals remain strong, unless both China and the US simultaneously enter a structural bear market, which is not the broker's base case. ~ AASTOCKS Financial News Website: www.aastocks.com |