China shares the most favored

In the past, the credit crisis broke down on Wall Street, and many companies ' valuations were largely undervalued. However, as stocks continue to play a bull market, the stock market, especially the concept of the Internet rally gratifying, the U.S. stocks of "valuation depressions" by more and more investors.

China stock buyers Figure

This year, the U.S. stock market has seen a big bullish market, the main index has hit record highs. As of August 9, the cumulative gains in the US stock market, the S & P 500 and the Nasdaq index reached 17%, 18% and 21% respectively. However, as compared with the main stock index of the U.S. stocks, the index 30 index returned to 1000 at the end of July, which has risen to 45% this year, particularly since the index has risen by 25% per cent in the last 1 months.

The recent surge in stocks has made investors feel stunning, with the exception of the US market's repeated innovations, the low risk of shorting, and the progress of cross-border regulation between China and the United States, to some extent pushing up share prices. Earlier, the short frenzy of shares had made Braddock's muddy-water company famous, but the company appeared to be moving away from its focus on stocks. Following the Singapore agricultural Traders Oran International, Muddy Waters recently targeted U.S. companies.

In addition, more investment power from China has focused on Chinese stocks listed in the US. In many of the large shareholder list, more and more see the Chinese buyer figure. In June this year, NetQin announced that the Hong Kong Asset Management company West Beijing invested in the company's 2.5 million-share U.S. depository Receipts (ADS). In the perfect world's shareholder list, Fosun International has long become the company's major shareholder, but Fosun International has repeatedly overweight the perfect world, as of the first quarter of this year, its shareholding ratio as high as 13%. Some analysts say that as more domestic capital flows overseas, more money will be invested in quality Chinese companies listed overseas.

In addition to these "big shareholders", many small investors will look more into the stock. Securities Times before the Chinese fry the U.S. stock market, the phenomenon of successive reports, interviewed by a number of "fried American" all said they are more willing to buy shares. Ms. Li, who works for an IT company in Beijing, told reporters that after a series of events such as the short crisis, the share prices of the shares in the stock market fell sharply, which had become the valuation depressions of the U.S. stock market, and the fundamentals of these companies were easier to grasp.

High growth network stocks rise alarmingly

In the recent surge in shares in the process, the high growth of internet stocks ahead of the rise. With the rapid development of domestic mobile internet, especially hand tour, e-commerce and online tourism, many Chinese Internet companies listed in the US have improved rapidly, so the stock price rally is not unprovoked, but has a strong fundamental impetus.

In the Electric business unit, the price of Macaulay on August 6 within a day of inflation nearly 70%, can be seen in the capital market on the Chinese Electric Business unit interest again erupted. Last year's "Bloody listing" of the only product, a few consecutive quarters of the high growth of the quarterly bulletin let it begin to be recognized, the stock price climbed. In the last one months, the stock price has risen by more than 64%. Soon after the listing of the foreign trade of the pavilion set potential shares near 21 U.S. dollars, and then hit the new highs since the IPO.

Just over the past two quarters, has been a low-key gathering time once again made a bowl full of. The second quarter of the gathering time reported that the company achieved net profit of 15.1 million U.S. dollars, the year-on-year surge 436.7%,yy Music has replaced online games and on-line advertising to become the first major source of income in the era. In the past one months, the share price has risen by more than 26%, and the cumulative gain has reached 239% this year. Online game developers and operators the perfect world has risen by 104% this year.

In China's real estate brokerage field in a favorable position in the SouFun, as the real estate vertical field leader, also by the capital market bullish. Over the past one months, SouFun's share price has risen by more than 42%. Ctrip's two-quarter results were far more than expected, with the shares up nearly 24% per cent in nearly one months.

In addition, investment mergers and acquisitions are often able to help push up prices. Baidu has been more aggressively engaged in acquisitions to maintain its position in the industry. Baidu's share price has risen more than 42% over the past one months. Sina Weibo alliance Alibaba, Sina shares also benefited from it, in the last one months, Sina's share price has risen more than 37%. The backdrop to the recent rise in equity prices is that there are rumours that Tencent and Alibaba are interested in acquiring a century of good luck.

Value correction or bubble?

The recent sharp rise in Chinese stocks, especially the high-growth internet stocks, has prompted some investors to worry about whether or not the stocks have started to bubble up.

In this regard, some analysts said that the recent higher share price rose in the shares are driven by strong corporate fundamentals, coupled with the U.S. economic recovery and the rapid development of China's Internet market, the Chinese stocks, especially the high-growth Internet companies in the future still have a performance opportunity. It is reported that the current domestic including Jingdong Mall, to where many internet companies are actively preparing to go overseas listing.

Tencent, which is listed in Hong Kong, China, has risen more than 100 times times in 9 years, indicating that the high growth of internet companies has brought substantial investment gains to its shareholders. Therefore, many investors began to think, where to find the next "Tencent"? Some market participants said that in the current listed Chinese internet companies, there are many companies with giant potential, but because the stock price has risen markedly, the next in the stock to choose a high rate of return of the company will be very difficult.