epa10262578 A man walks next to the large screen showing stock and economic data in Shanghai in October 2022. Photo: EPA-EFE
epa10262578 A man walks next to the large screen showing stock and economic data in Shanghai in October 2022. Photo: EPA-EFE

Don’t chase China market rebound as weak foundation attracts stock bears, JPMorgan says

  • Investors should not chase high-flying Chinese stocks as market fundamentals are still weak, JPMorgan Private Bank says
  • China’s softening stance on zero-Covid will be tested amid a flare-up in cases in southern Guangdong province, it said

epa10262578 A man walks next to the large screen showing stock and economic data in Shanghai in October 2022. Photo: EPA-EFE
epa10262578 A man walks next to the large screen showing stock and economic data in Shanghai in October 2022. Photo: EPA-EFE
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