JPMorgan is 'positive' on China stocks and 'constructive' on real estate as Beijing props up markets
Publishing timestamp: 2024-05-24 06:23:11
Summary
JPMorgan's chief Asia and China equity strategist is positive on China stocks, expecting the index to hit 3900 by the end of the year. The real estate sector is also seen as at an "inflection point" with new support from Chinese authorities. Earnings growth is expected to drive share performance in the future.
Sentiment: POSITIVE
Tickers: .HSI,
Keywords: hang seng index, business news,