BlackRock is turning modestly positive on Chinese stocks on tactical basis as authorities can no longer ignore signs of slowdown. Photo Reuters.
BlackRock is turning modestly positive on Chinese stocks on tactical basis as authorities can no longer ignore signs of slowdown. Photo Reuters.

BlackRock turns modestly positive on China stocks, saying policymakers can no longer ignore slowdown without easing measures

  • Money manager turns positive on tactical basis, saying asset allocation would need to increase in multiples before becoming a bullish bet
  • Hong Kong stock market, dominated by Chinese companies, ranks among the worst performers because of regulatory onslaught

BlackRock is turning modestly positive on Chinese stocks on tactical basis as authorities can no longer ignore signs of slowdown. Photo Reuters.
BlackRock is turning modestly positive on Chinese stocks on tactical basis as authorities can no longer ignore signs of slowdown. Photo Reuters.
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