Why Chinese Stocks May Be Ready to Take Off
BABABABA(BABA) Benzinga·2024-11-20 03:22

Investors seem to be throwing in the towel on China very quickly. However, their market has not really fallen back as much as it seems over the past few weeks.Also, we have to think about what it will mean to President Xi ‘s standing on the global stage if he does not come through with a bigger stimulus bazooka blast at some point over the next six months.One of the narratives on Wall Street that I think is off base is the belief that China ‘s economy and markets are headed into the toilet, and that this be ...