Reported 4 days ago
KraneShares CIO Brendan Ahern discusses the recent stimulus measures in China aimed at revitalizing the economy, particularly the real estate sector. He highlights the government's commitment to provide substantial funds to support stock purchases and restore consumer confidence, while noting the need for clear fiscal policies to boost domestic consumption. Despite warnings of high stock valuations, Ahern believes the market rally could continue as more clarity is expected from Chinese officials.
Source: YAHOO