Intel plunges, QDII funds "startled", divergence in US stock strategies intensifies

Zhitong
2024.08.04 20:12

The stock price plunge of US stock giants like Intel has "scared" many funds heavily invested in US stocks, which may become another trigger for QDII funds to reduce their US stock positions. It was noted that Intel, which experienced a sharp drop last Friday, has not been a mainstream holding in QDII funds for many years, allowing many QDII funds to escape unscathed. However, the recent continuous scandals in US stocks have led to significant changes in the holding strategies of US stock funds. Many funds have started to abandon the strategy of solely allocating US stocks, and while reducing their US stock positions, they are beginning to increase allocations to A-shares and Hong Kong stocks, among others

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