Wall Street is excited about Chinese tech and loves one mega-cap stock


Source: cnbc.com cnbc.com

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Beijing's rapid reopening has raised hopes that its battered economy could follow a similar pace of recovery — and Wall Street is excited about what it means for stocks. Since the turn of the year, a raft of Wall Street banks has turned increasingly bullish on the world's second-largest economy and its stock market. One of the sectors that's gotten investors most excited is tech. A growing number of positive analyst calls has reinforced optimism in the sector, with recent share price gains reflecting renewed interest. The Hang Seng Tech Index , which comprises the 30 largest tech companies listed...