Chinese equities, including Alibaba and KWEB, look set for a rapid reversal: after months of profit-taking and decade lows in many names while US markets reached highs, this morning's inflow is a positive sign. There is still value in many of these names. x.com 

Beijing's reported plan to sell hundreds of billions in US bonds to support Chinese stocks makes Chinese equities extremely bullish. The aim is to make China's market look stronger than the US and attract investors worldwide. A massive US bond selloff would put enormous pressure on global markets. x.com 

Chinese stocks are back in a secular bear market, and a break of the USD/HKD peg, now nearing 7.85 again, would trigger financial armageddon. China large caps failed to hold above their monthly 200-period average, the Hang Seng is retesting key trend, and Hong Kong 10-year yields are rising. China has led global markets by about three quarters: it peaked in 1Q21 before US stocks and gold in 4Q21, and its bounce peaked in 4Q25, pointing to global weakness from 2Q26. This bet could be wrong. x.com 

China-heavy emerging-market funds carry a lasting governance risk: autocratic leadership has little alignment with foreign shareholders. Chinese shares may offer tactical trades, but a permanent rerating is hard until the CCP is gone. x.com  x.com  x.com 

Trump's state visit to China is a reasonable reason to be bullish on Chinese stocks, yet surprisingly few are paying attention to an event that anchors the most important bilateral relationship between the two powers. Trump himself is an ideological moderate on China, possibly more so than the Biden administration's China hawks, even as the whole US government has turned hawkish. Unlike the Democrats, he has wiggle room, and China knows it. x.com  x.com 

Chinese stocks are uninvestable for long-term investors because the value created goes to the Communist Party, not shareholders. The Chinese index is down 16% since 1991 while the S&P 500 rose 1,570% and the Nasdaq 3,440%, and Alibaba has gained just 27.8% in 12 years since its IPO. When companies grow too strong, the party hits them with megafines, sidelines founders like Jack Ma or blocks game releases as at Tencent, and foreign investors own only VIE contracts, not shares. x.com  x.com  x.com  … Show more

Chinese stocks should benefit from the development raised in a post the author replies to, though which individual name to pick is unclear. x.com 

Emerging-market equities, especially China and Latin America, are early in a multi-year rotation away from the US, with better macro, faster earnings growth and cheaper valuations. The US is taking on EM traits, including strikes amid nuclear talks, attacks on Fed independence and big deficits, yet keeps a premium. EM earnings may grow 21%-29% versus 13%-14% in the US, Brazil trades near 9x CAPE, and US institutions barely own China. The Hormuz-fueled commodity super-cycle adds to it. x.com 

China large caps have one of the worst charts out there, and sooner or later the rest of the world will impose heavy tariffs on China, raising the question of what Beijing does when it gets desperate. x.com 

China tech stocks could rally as an underappreciated Trump visit to China nears, with almost no one talking about it. China tech earnings are also on deck, and some of the money that rotated out of China into Korea and Japan might start flowing back. x.com