--- title: "The Most Hated Tech Trade Is Waking Up" type: "News" locale: "en" url: "https://longbridge.com/en/news/285411999.md" description: "China ConvexityChina 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." datetime: "2026-05-06T16:37:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285411999.md) - [en](https://longbridge.com/en/news/285411999.md) - [zh-HK](https://longbridge.com/zh-HK/news/285411999.md) --- # 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. ### Related Stocks - [.HXC.US](https://longbridge.com/en/quote/.HXC.US.md) - [KWEB.US](https://longbridge.com/en/quote/KWEB.US.md) - [TCHI.US](https://longbridge.com/en/quote/TCHI.US.md) - [PGJ.US](https://longbridge.com/en/quote/PGJ.US.md) - [MCHI.US](https://longbridge.com/en/quote/MCHI.US.md) - [CQQQ.US](https://longbridge.com/en/quote/CQQQ.US.md) - [DRAG.US](https://longbridge.com/en/quote/DRAG.US.md) ## Related News & Research - [Tencent says no major layoffs planned, says it is different from Silicon Valley companies](https://longbridge.com/en/news/286372147.md) - [China April data misses badly, Iran war and weak demand weigh. Retail sales growth plunge.](https://longbridge.com/en/news/286703491.md) - [Economic and event calendar in Asia Monday, May 18, 2026 - Chinese April data](https://longbridge.com/en/news/286681923.md) - [21:17 ETChina unveils upgraded tax refund policy to boost inbound spending](https://longbridge.com/en/news/286985440.md) - [ROI-Hormuz closure extends well beyond oil to threaten Chinese EVs: Russell](https://longbridge.com/en/news/285937238.md)