Market Views: Will China equities climb post Politburo meeting?
After the initial bounce driven by Beijing’s policy announcements, the question now is whether there are more sustained game-changing forces for investors in the Chinese stock market, and where they are.
China’s latest economic meeting held by the Communist Party’s top leadership recently acknowledged the disappointing economic data and set a pro-growth tone to revive the recovery post reopening.
The policy announcement, together with other pledges released around the meeting, hit almost every keyword that the market cared about – fiscal and monetary support, private economy, domestic consumption, property, counter-cyclical measures, etc.
Interestingly, on the property sector,…
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