(Bloomberg) China’s mutual fund houses are trying to tamp down investors’ enthusiasm for US stocks, putting new restrictions on buying into their products as demand soars. Most Read from BloombergApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028China Weighs Stock Market Rescue Package Backed by $278 BillionTurkey Approves Sweden NATO Bid, Leaving Hungary as HoldoutAn Isolated Israel Doubles Down on War in Gaza — At All CostsChina Asset Management Co. halted subscriptions
China Tech Fund Beating 98% of Peers Spurns AI Stocks on Risks bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) A technology-focused China equity fund outperforming 98% of peers this year advises caution over the frenzy in artificial intelligence themes, saying it might be the biggest underpriced risk in the market.Most Read from BloombergTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune Moody’s Cuts China Credit Outlook to Negative o
Chinese stocks are close to bottoming out as concerns about the economy and property sector outlook are overdone, according to Value Partners’ Yu Chenjun.
300059 | Complete East Money Information Co. Ltd. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.