Reported about 8 hours ago
Jeff deGraaf of Renaissance Macro Research believes that the recent selling of Chinese shares by hedge funds will lead to regret, as he anticipates a bullish trend in the market. He predicts China's benchmark index will rise by over 50% within the next year, coinciding with aggressive monetary easing from Beijing. In his view, the current market momentum combined with favorable valuations and stimulus measures create an ideal environment for a sustained rally, contrasting with Morgan Stanley's more cautious outlook.
Source: YAHOO