\n<\/p>\n
Meanwhile, the China Tech 8, a company basket created by Bloomberg Intelligence and including companies such as Alibaba Group Holding, Baidu, and Pinduoduo Inc, gained 42%, but rising trade tensions have since slowed the momentum of that rally.<\/p>\n
Notably, as the chart below shows, leadership dynamics have shifted: Intel, Alibaba and Baidu now occupy the chart\u2019s upper-right corner, signaling rising strength. Meanwhile, Meta, Nvidia and Microsoft have slowed. The scatter chart uses proprietary indicators of relative performance of securities versus the benchmark. The X-axis shows the RS-ratio, measuring strength. The Y-axis shows RS-momentum, measuring direction and pace of the RS-ratio line.<\/p>\n
Among firms holding the most cash, Alibaba led with a 99% jump and Tencent followed with 52%. Amazon and Apple moved the other way, posting declines. The rise of AI enablers like Samsung, Engie, Broadcom and Siemens Energy added to the index\u2019s gains.<\/p>\n
Bloomberg Intelligence notes that index members hold roughly $410 billion in cash, giving them the capacity to accelerate growth across themes including AI, disruptive energy and robotics. Since 2018, they\u2019ve already funneled about $850 billion into deals across public and private markets, underscoring their willingness to reinvest in innovation.<\/p>\n
To see rotation of leadership momentum in Multi-Thematic Index, run Relative Rotation Graph using RRG function on the Bloomberg Terminal.<\/p>\n
To analyze returns, cash holdings, forecast growth and valuations run BMULTIT Index WATC for a view of multi-thematic index fundamentals.<\/p>\n
For the latest Bloomberg Intelligence thematic research, run BI THEM on the Bloomberg Terminal.<\/p>\n
To analyze the characteristics of BMULTIT Index\u2019s outperformance, run BMULTIT Index PORT WS \/I<\/p>\n
For more information on this or other functionality,\u00a0<\/em>click here<\/em>\u00a0to request a demo with a Bloomberg sales representative. Existing clients can press on their Bloomberg keyboard.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Meanwhile, the China Tech 8, a company basket created by Bloomberg Intelligence and including companies such as Alibaba Group Holding, Baidu, and Pinduoduo Inc, gained 42%, but rising trade tensions have since slowed the momentum of that rally. Notably, as the chart below shows, leadership dynamics have shifted: Intel, Alibaba and Baidu now occupy the<\/p>\n","protected":false},"author":1,"featured_media":30163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[3841,5043,12239,17753,17751,17752],"class_list":{"0":"post-30162","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-growth","9":"tag-index","10":"tag-insights","11":"tag-mag","12":"tag-multitheme","13":"tag-outpaces"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/30162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30162"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/30162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/30163"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}