Reported 4 days ago
A potential meeting between President Xi Jinping and e-commerce giant Jack Ma may serve as a catalyst to extend the recent rally in Chinese stocks, particularly following a surge in technology shares. Analysts suggest that such a meeting would signify government support for the private sector, while the Hang Seng China Enterprises Index has already seen significant gains. Despite some concerns about an overcrowded rally, this encounter could instill further confidence in investors as China's economy continues adapting to new tech advancements.
Source: YAHOO