Hello Mooers! The Chinese stock market has plunged more than 10%in these two days. Some Mooers may be shockedby such a terrified quake, while some Mooers believe that this plunging is inevitable because of 'buy the rumor, sell the news'. A group of Mooers believe that this is a health pullback, while another group of Mooers believe that the Chinese stocks are uninvestable. Regardless of what may happen to the Chinese ...
HSBC Global Research released its quarterly Asian markets report last Friday (5 Jan), expecting Asian equities to benefit from strong global macro headwinds in 2024, particularly if China's economy recovers. The broker forecasted Chinese and Indian markets to drive Asian equities up 12% in 2024. The broker has an Overweight rating on Chinese H-shares, while lowering its 2024 year-end target for ...
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