From Business Insider: 2024-05-03 10:34:00

The Chinese stock market has rebounded, showing positive signs that the rally will continue, with foreign investors gradually putting money back into China after six months of outflows.

Analysts believe China’s stock market has shed its “uninvestable” label, with a rally gaining steam due to a rebounding economy and bullish economic indicators pointing to a climb out of the bottom.

Despite recent turmoil, China’s market is gaining momentum, attracting foreign investors back with positive signals indicating a potential surge in the rally. Chinse economy grew 5.3% in the first quarter of 2024.

Billionaire investor Ray Dalio sees China as the best opportunity for investment, given the nation’s cheap assets. However, he warns of potential economic challenges, indicating a “100-year storm” could be on the horizon for China.



Read more at Business Insider: China Stocks Have Staged a Comeback, Pushing Into Bull Market