Reported 2 days ago
After recent stimulus announcements from China’s central bank, Chinese stocks surged, indicating a significant shift in monetary policy. Yan Wang, chief strategist at Alpine Macro, emphasizes that the measures demonstrate a departure from previous hesitance in implementing massive stimulus. He suggests that investors should consider purchasing benchmarks and sectors that have underperformed recently, such as consumer discretionary and technology, as they may benefit the most from the economic reforms.
Source: YAHOO