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Why Do Chinese Stocks Keep Faltering?

DeFi Daily News by DeFi Daily News
July 9, 2024
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Bearish signs are intensifying for Chinese stocks ahead of the Communist Party’s Third Plenum. BofA Securities China Equity Strategist Winnie Wu says that’s due to a combination of factors, including pressures on China’s economy and company earnings, as well as a tense geopolitical environment. She says investors should trim SOE holdings and add quality beta stocks. Wu speaks with David Ingles and Yvonne Man on “Bloomberg: The China Show.”
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Tags: BofA Securities IncChineseDavid InglesFalteringstocksWinnie WuYvonne Man
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