3 Chinese Stocks Still Thriving in China's Struggling Economy
HTHTHWORLD(HTHT) Investor Place·2024-06-28 04:07

Chinese stocks are in a rut. So says a recent article from Barron’s. Barron’s contributor Reshma Kapadia wrote on June 26: “After staging a recovery in the first five months of the year, they have again lost steam as investors look to authorities to do more to revive the economy, heal the property market, and boost confidence at two coming policy meetings.” The iShares MSCI China ETF (NASDAQ:MCHI) was up more than 16% year to date through May 17 due to low valuations. However, little action from the Chinese ...