Stocks in China have currently priced in "lots of negatives," making them poised for a sharp rebound when catalysts arrive, said Sunil Tirumalai, UBS' global emerging market strategist
Chinese assets have gotten a boost in recent days amid a slew of promises from Beijing to spur growth and revitalise the nation's flagging private sector
MSCI's broadest index of Asia-Pacific shares outside Japan was 1.09% higher, while Australia's S&P/ASX 200 index rose 0.27%.
Shares of Chinese firms listed in the US have slumped on concerns that President Xi Jinping will continue with his ideology-driven approach at the cost of economic growth
The PBOC previously raised the FX reserve ratio for financial institutions by 200 basis points in December 2021, to rein in a rising yuan and make it more expensive for banks to hold dollars
Chinese tech shares are particularly vulnerable in an environment where investors are shunning risk
Goldman expects a better year for Chinese equities, with onshore and offshore stocks to return 16% and 13% in the next 12 months, respectively
Evergrande's own shares dropped 8.2% on Thursday and have plunged more than 80% this year.
With investors staring down hundreds of billions of dollars of losses this month alone, many are left wondering when this latest wave of regulatory crackdowns will end
Investors in some of China's most vibrant sectors -- from technology to education -- have found themselves in the firing line this month
Emerging-market stocks, once the barometer for optimism on global growth, have given up a 12 per cent advance since February
China's m-cap is now 4.3x India's, whose m-cap grew just 17 per cent to $2.5 trillion in CY20 - 2.4 per cent of the global m-cap
Chinese regulators have been aggressively wooing foreign investors with accelerated moves to open up China's capital markets.
Shanghai Composite Index has now gained a quarter so far this year but is still down more than 13 per cent from January 2018
Chinese stocks slipped today despite gains in most other world markets as uncertainty lingered over the removal of term limits for Chinese President Xi Jinping. The Shanghai Composite sank 1.1 per cent to close at 3,292.07, while Hong Kong's benchmark Hang Seng Index lost 0.7 per cent to finish at 31,268.66. Benchmarks elsewhere in the Asia-Pacific region were mixed, with Australia's S&P/ASX 200 and Japan's Nikkei 225 ending higher but South Korea's Kospi slightly lower. European shares rose in early trading but futures pointed to a lower open on Wall Street, a day after the Standard & Poor's 500, Dow Jones industrial average and Nasdaq gained more than 1 per cent. Investors are still mulling the implications of the decision by China's Communist Party to scrap presidential term limits, ensuring party chief Xi Jinping can remain head of state indefinitely and setting the stage for him to become the most powerful leader since Mao Zedong. Markets had initially welcomed the news ..