George Efstathopoulos, multi-asset portfolio manager at Fidelity International, is shifting his gaze East.
"For the first time, I'm not selling the rally in China," he says, pointing to a structural innovation surge that's making the country's tech stocks serious contenders to their U.S. counterparts. Chinese tech stocks, long battered by regulatory uncertainty and global skepticism, are now outpacing their U.S. peers, the Magnificent Seven, in both performance and valuation appeal.
