Luxury stocks may be a risky China stimulus bet – CNBC
From Google: 2024-10-19 07:45:39
Investing in luxury stocks could be a risky bet for those hoping to benefit from China’s stimulus measures. Although luxury stocks like LVMH and Kering have seen gains recently, analysts warn of potential risks due to uncertainties in the Chinese market. With slowing growth and escalating trade tensions, cautious optimism is advised.
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