Reported 4 days ago
A potential meeting between President Xi Jinping and Alibaba founder Jack Ma this week may serve as a crucial catalyst for China's continuing stock market rally, especially following a significant surge in tech shares. With influential entrepreneurs invited to discuss support for the private sector, many investors expect Xi's endorsement could bolster confidence in the beleaguered markets, which have seen steady gains since January amid growing interest in artificial intelligence. Analysts warn, however, that without additional catalysts, risks for a market pullback could rise.
Source: YAHOO