From Morningstar: 2024-10-09 10:08:00

After a 10% jump in Chinese stocks post-Golden Week, they fell back amid uncertainty. Investors are waiting for more government support. Erik Lueth of Legal and General Investment Management says the recent monetary stimulus may not be enough due to challenges like deflation and fiscal underperformance.
Lueth believes the current fiscal stimulus plans by the Chinese government may not be sufficient to boost the economy, as it is mainly playing catch-up with budget targets. More significant stimulus, especially focusing on the property sector, is needed. He sees more risks than opportunities in Chinese stocks at the moment.



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