Wealth and Asset Management
Don’t chase China market rebound as weak foundation attracts stock bears, JPMorgan says
Investors should not chase high-flying Chinese stocks as market fundamentals are still weak despite hopes for a pivot in Beijing’s zero-Covid policy, JPMorgan Private Bank said. The recent rebound was “mainly driven by short covering.” Hopes and signs of a pivot in Beijing’s zero-Covid policy and property market clampdown have…
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Click here to read the full story: South China Morning Post