A senior strategist at Standard Chartered offers his bullish view on Chinese equities for the balance of this year.
“We may have seen the worst in Chinese equities this year.”
“Chinese authorities will continue to ease monetary policy and step-up fiscal stimulus in order to hit its ambitious GDP growth target.”
“Chinese stocks likely to outperform global peers over the next 12 months.”
“Cheap valuations along with further policy easing will support.”