Global financial institutions increasingly upbeat on China’s stock market

From Global Times: 2024-05-05 08:21:00

International financial institutions view Chinese stocks in a positive light, with the NASDAQ Golden Dragon China Index growing by 14.86% in the past 10 trading days, the highest rate since January 2023. Analysts suggest now is a good time to invest in China’s stock market due to targeted policies and economic recovery.

The A-share and Hong Kong stock markets are seeing near record-low valuations, making them attractive to investors. The Chinese government’s pledge to boost economic recovery through macro policies is expected to further promote growth in the stock markets, attracting investments from global asset management companies.

Recent guidelines released by the State Council aim to strengthen regulation, prevent risks, and enhance fairness and efficiency in the A-share market. Analysts believe these measures will bring about a bull market in the future and emphasize the importance of strengthening regulations surrounding major shareholders and delisting procedures to protect investors’ rights.



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