[00:00] Hey investors, Mark Galashevsky here. Mainland Chinese Infotech stocks have soared more than 50% since the October 2022 lows.
[00:13] Our publications identified the potential for a major advance early in the rally. Let me show you how we did it. In early November, the CSI 300 Information Technology Index had traced out a classic ABC correction,
[00:26] with Wave C down clearly showing its five sub-waves complete. So our publications forecasted a major advance immediately ahead. And since then, the index has soared, powering ahead in recent weeks, even as overseas-listed Chinese Internet stocks have pulled back.
[00:42] That makes the CSI 300 Information Technology Index one to watch for clues to the next major move in Chinese tech stocks. To see how this nearly two-year ABC decline fits into the index's long-term wave pattern,
[00:55] see the April 2023 issue of Asian Pacific Financial Forecast or Global Market Perspective.