Investors trim UW positions on China stocks despite US trade tiff
From Investing.com: 2024-05-17 01:17:30
Investors are reducing their underweight positions on Chinese stocks, though the outlook remains bleak due to U.S. trade restrictions. Chinese markets rebounded in recent months, but slowed as U.S. raised tariffs on key industries. China’s economic recovery may be losing steam post strong first quarter, as per Morgan Stanley analysts. Investing.com suggests a selective approach to Chinese markets, focusing on blue-chip companies, potential state-owned enterprise beneficiaries, and sectors with global expansion potential like electric vehicles and semiconductors.
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