China’s cabinet vowed to stabilise the economy and called on officials to avoid measures that harm market expectations as the government struggles to control Covid outbreaks across the country. Photo: Bloomberg
After US$1.9 trillion rout, Chinese stocks may have seen the worst, Standard Chartered’s CIO says
- Valuation of Chinese stocks at deepest discount in 20 years relative to global peers, says Lam at Standard Chartered’s wealth management unit
- Wild swings may be ending while economic and market risks are manageable, UBS CIO Office says
China’s cabinet vowed to stabilise the economy and called on officials to avoid measures that harm market expectations as the government struggles to control Covid outbreaks across the country. Photo: Bloomberg
