The Most Hated Tech Trade Is Waking Up

China Convexity

China tech is starting to wake up again. High-beta speculative indices are breaking above major resistance levels, domestic AI names are exploding higher, and some of the most hated China tech trades are finally starting to show signs of life.

At the same time, the gap versus US tech has become enormous, leaving plenty of room for a potential catch-up squeeze should momentum continue building.