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Investment Event

China markets rally
02 October 2024
    Articles
    Download the full reportPDF, 750.54KB

    Key takeaways

    • Following last week’s announcement of a comprehensive set of stimulus measures, markets in China have responded with a significant rally
    • We think there is still scope for gains as the country’s economic outlook stabilises amid still reasonable valuations. Nevertheless, further policy stimulus is likely to be required to unlock further value
    • We reiterate our positive view on emerging markets, with a preference for Asia stocks and credits, and local-currency EM debt

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