Fidelity China optimistic on new stimulus measures and recovery thesis

China stocks bounced off 10-month lows on Friday on hopes of improving growth, but seven consecutive weeks of foreign outflows underscored lingering economic and geopolitical concerns toward the country. Hong Kong stocks also rebounded amid buoyant Asian markets.

Chinese shares closed up on Monday amid signs of stabilisation in the world’s second-largest economy, while property and technology stocks dragged the Hong Kong market. China’s blue-chip CSI 300 Index ended 0.5% higher, while the Shanghai Composite Index

A US expert who has studied China’s data and the country’s policies for addressing current economic problems refuted the notion that the economy is in trouble. Sourabh Gupta, a senior fellow at the Washington-based Institute for China-America Studies,

Chinese stocks jumped after the nation rolled out further property support measures, the latest in an intensifying campaign to rescue to beleaguered sector that’s been dragging down the economy. The Hang Seng China Enterprises Index gained as much

China’s stocks rose, driving the market to its biggest weekly gain since July after Beijing prodded banks to cut down payment and mortgage rates to revive consumption, while a private report showed manufacturing expanded. Trading in Hong Kong was halted because

Chinese stocks added to their advance from Monday as some investors saw merit in Beijing’s latest measures to invigorate markets, even as doubts persisted over their long-term impact. The CSI 300 Index finished Tuesday’s session 1% higher. That’s

Chinese authorities are planning to cut the stamp duty on domestic stock trading by as much as 50%, three people with knowledge with the matter said, in a further attempt to revitalize the country’s struggling stock market. Chinese

Beijing is beginning to reap the rewards of decades of deliberate industrial policy directed at accruing strategic resources plentiful across the Global South. This is the lesson of the remarkable news that, this year, China has surpassed Japan

Chinese property stocks surged on Friday after the People’s Bank of China vowed to pledge more financial resources to support the private economy. Hong Kong-listed shares of real estate developers like Country Garden Holdings, Longfor Group Holdings, and China Resources Land were some

After flushing out bears in late May 2023, China markets roared higher. The politburo indicated in its key meeting last week that it would loosen its regulatory crackdown on the technology industry. Markets are pricing over two years.

China’s stocks are likely to bounce back in the second half of the year as supportive government measures boost earnings growth and as valuations dented by economic pessimism bottom out, according to UBS Group and China Asset Management. A

China is ramping up measures aimed at boosting its economy ahead of a key Politburo meeting this week which will review the country’s first half economic performance. In the past week, authorities have announced a series of pledges

The strong growth rebound that was widely expected to follow the end of China’s “zero-COVID” policy has yet to materialize. This is both less surprising and easier to understand than many observers seem to think. The end of

Hong Kong stocks rose on Wednesday as stronger-than-expected credit figures in June partially lifted sentiment, though Chinese stocks edged down as investors waited for a bigger stimulus. The Shanghai Composite Index dipped 0.13% despite upbeat credit data; China’s

China stocks rose on Monday amid hopes of more policy easing after the country’s central bank said it would implement prudent monetary policy in a “precise and forceful manner” to support economic growth and employment. China’s blue-chip CSI300

China and Hong Kong stocks rose on Tuesday, led by property shares as sentiment was lifted on fresh hopes for stimulus, while investors watched Sino-U.S. tensions for any signs of easing. China’s blue-chip CSI300 Index closed up 0.9%,

Hong Kong has placed seventh in a renowned annual world report ranking the competitiveness of global economies. According to the World Competitiveness Yearbook 2023 published by the International Institute for Management Development, Hong Kong continued to rank second