HSI roared another +3.2% today as Mainland China investors rush back into the HSI and Chinese positions, on a renewed AI Push. DeepSeek continues to be warmly welcomed and adopted by Chinese users and integrated into many of the Chinese Tech companies.
We can see on the chart that there was a retest of the blue line at 22,717 this week and the price has bounced and now made a higher high today....this is impressively bullish now and still no substantial abc pull back yet but remember the HSI is in Wave 3.
As long as the HSI runs like this, our ADR's are in a good position, $BABA is also up again in the PM and not somewhere I would be chasing now but $BIDU is offering an attractive price now to add.