Investment banks including Goldman Sachs, UBS and BNP have become more positive on Chinese stocks, with foreign selling having subsided. But the property crisis, deflationary risks and tepid consumer demand mean global investors are yet to go all ‘all in’.
Mainland Chinese shares
staged a catch-up rally tracking their regional peers on Monday
as investors returned from a long Labor Day holiday, while the
Hong Kong market snagged its 10th straight.
Politburo's Property Destocking Will Not Be Easy, Analysts Say theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
HONG KONG -Global investment houses are increasingly bullish about Chinese stocks as resilient corporate earnings, policies to support the economy and enhance shareholder returns,.
China s manufacturing activity in April likely expanded at a slower pace, a Reuters poll showed on Monday, indicating the country s sprawling factory sector may have lost some momentum at the. -April 29, 2024 at 01:13 am EDT
- MarketScreener