Mainland China investors these days are often focused on how well U.S. stocks are doing — and bemoaning tepid performance at home. Sure, there are clear macroeconomic differences. And hardly any major Chinese stock has more than doubled in price this year , as Nvidia has. But a look at first-half performance shows that many China stocks still rose by double-digits, including a few artificial intelligence plays. Take, for example, the top three performers in the CSI 300, which tracks the largest names on the Shanghai and Shenzhen stock exchanges. Foxconn Industrial At the top was Apple supplier Foxconn Industrial Internet . Listed in Shanghai, it soared 81% in the first six months of the year. Bank of America Securities has a buy rating on Foxconn Industrial Internet (FII), and on June 26 raised its price objective to 33 yuan ($4.54), more than 20% above where shares closed Friday. “FII is a key iPhone casing supplier, and casing…
A soaring Nasdaq and Nvidia in the U.S. make China’s stocks look worse
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