Reported 12 months ago
A survey conducted by Bloomberg reveals that analysts and money managers anticipate a positive second half for Chinese stocks, foreseeing the benchmark CSI 300 Index to gain its first annual increase since 2020 while the Hang Seng Index breaks a four-year losing streak. Respondents believe that corporate earnings will improve, and foreign funds will flow back into the market. Despite potential risks like uncertainties in the global environment and weaker yuan, respondents remain optimistic about a rebound in Chinese equities supported by attractive valuations and projected stronger growth.
Source: YAHOO