What's the outlook ahead for China stocks?
The Chinese equities market has been hammered by the country’s strict lockdowns to contain Covid-19. While the rest of the world opens up with the global rollout of vaccines, the country with the world’s largest population has been resolute in keeping quarantine measures in place. To be sure, China has recently allowed for some easing measures in large cities like Shanghai, prompting opportunistic traders to hunt for stocks that could benefit from the reopening. The chill on the technology sector has also hit Big Tech companies in China. The pressure comes on top of concerns that the authorities are keeping a tight watch over the leaders of these tech firms, which hold a swathe of data on Chinese citizens. The Endowus Investment Office continues to believe in the long-term growth of China. With the easing of some Covid-19 restrictions, there has already...