What's stalling China's stock market recovery, according to KraneShares' CIO
City Office REIT(CIO) CNBC·2024-08-31 23:00
China's slow post-Covid recovery could be a lasting headwind for its stock market. With the mainland's two largest indexes — the Shanghai Composite and the Shenzhen Composite — each negative so far in 2024, KraneShares Chief Investment Officer Brendan Ahern thinks government stimulus is necessary to kick-start the country's stock market performance. "Investors, particularly in mainland China … [are] looking for much, much stronger fiscal support from the government," he told CNBC's "ETF Edge" this week. "Th ...