Retail investors look at an electronic board showing stock information at a brokerage house in Shanghai. Photo: Reuters
China equity traders abandon ‘bubble stocks’ amid PBOC liquidity signals as reflation bets gain momentum
- Consumer and technology stocks, dubbed as ‘stampede trades’ and ‘bubbles’ by analysts, bore the brunt of selling last week after markets reopened
- HSBC Jintrust, among top domestic fund managers, says matching fundamentals with valuation is top priority in asset allocation
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Retail investors look at an electronic board showing stock information at a brokerage house in Shanghai. Photo: Reuters