From CNBC: 2024-05-06 19:19:47

China stocks have surged ahead of the S&P 500 this year, with the MSCI China index rising 9% and the KraneShares CSI China Internet ETF up 13%. Analysts are split on whether this rally is sustainable, with many citing China policy as a key factor. Selective stock-picking is advised, with focus on growth and momentum strategies. Goldman Sachs identified large-cap stable growers like BYD and SAIC Motor as promising picks, while JPMorgan recommended high yielders like Kweichow Moutai and Ping An Insurance. ETF options include SPDR S & P China ETF and iShares MSCI China A ETF.



Read more at CNBC: Can the rally in China stocks go on? What pros say, and stocks to buy