Bitcoin and Asian stock market funds may flow into the Chinese stock market

According to BlockBeats, although there may be a 3-5% cost to convert the stablecoin USDT into Chinese stocks, this strategy has become more attractive due to the potential 50-70% upside potential of the Chinese stock market. Observers point out that due to the continued stability of Bitcoin driven by China's stock market stimulus policy, funds may flow from cryptocurrencies and Asian stocks into the Chinese stock market. Although the rebound in the Chinese stock market may temporarily attract funds, this situation may limit the upside of risky assets such as Bitcoin. Experts believe that despite certain conversion costs, the potential upside of the Chinese stock market has attracted investors and is a strategic choice for smart investors. According to Danny Chong, co-founder of the Digital Asset Association in Singapore, despite the 3-5% cost, the potential upside of 50-70% is expected, which is a wise choice for investors. At the same time, funds from other Asian stock markets are also likely to flow into the Chinese stock market. Recently, the Shanghai Composite Index and the Hang Seng China Enterprises Index have risen by more than 20% and 25%, respectively.