October 11, 2024
‘Not investible’: the clamour for deeper reforms in China
Oct 11, 2024 – 2.40pm
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Already a subscriber?
On Thursday, a Singapore-based investor sighed at his trading screen. Chinese shares had fallen 4 per cent after authorities failed to add to the stimulus package that had triggered a roaring rally since last month.
“At best I can trade this equity rally until year-end then get the hell out,” the investor said. “At worst, it’ll be over by Monday. China is only investible if we get actual structural reform. Which I doubt happens.”
Loading…