Short Notes
by Michel Schiffelholz, CIO
Is the Chinese market ready for a rebound?
Wednesday, 31 January 2024 05:10
The recent inflows on the Chinese market were huge. The valuations are very low.
Last News on China:
- China will halt the lending of some shares for short selling in a move to support the stock markets. See full report by Stephen Engle. (Bloomberg)
- A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande dealing a fresh blow to confidence in the country's fragile property market as policymakers step up efforts to contain a deepening crisis. (Reuters)
- Big bounce in battered China bourses (biggest weekly inflow since 2015) on stabilization fund speculation and a surprise 50 bp RRR cut. (Factset)
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