Disclaimer: This article is written in partnership with UOB Asset Management (UOBAM), where The Singaporean Investor has received a small amount of money for the contents within.
Headwinds faced by China of late, including their insistence on ‘Zero Covid’, issues surrounding the Chinese properties, crackdown on the technology companies, and most importantly, deterioration of relations between them and the United States have seen the Chinese stock market falling into a bear market (a market is considered to be in a ‘bear market’ if it falls by more than 20% from its high.)
This post was originally posted here. The writer, Jun Yuan Lim is a veteran community member and blogger on InvestingNote, with a username known as @ljunyuan and has close to 2000 followers.
Despite of that, we cannot ignore the fact that the country is still the ‘second largest economy in the world’, Additionally, there are long-term structural opportunities in China given the current macro situation and the new Chinese...