China’s stock markets have been in a slump since early 2021, losing nearly two-thirds of their value — which is making some investors very, very tempted.
Almost one-third of 417 respondents to Bloomberg’s weekly Markets Live Pulse survey said they plan to invest more in Chinese stocks over the next 12 months, the media outlet reported on Tuesday. This is up from one-fifth of respondents in its August survey.
The MSCI China Index — which reflects the performance of large and mid-cap stocks across China — has slumped 60% since peaking in early 2021.
Meanwhile, the CSI 300 — which tracks 300 Shanghai and Shenzhen-listed stocks with the largest market capitalizations — is down about 40% over the same period.
Fidelity China Special Situations PLC (LON:FCSS), the UK’s largest China Investment Trust, capitalises on Fidelity’s extensive, locally-based analyst team to find attractive opportunities in a market too big to ignore.
