Skylar Shaw
Jan 03, 2023 15:47
Chinese equities began to rebound in the last two months of the year following a significant decline brought on by the country's economic slump.
After implementing a tight zero-COVID policy for many years, China has begun to reopen. Although the sudden change in the prior policy has already resulted in records-breaking illnesses, things will probably settle down in the first few months of this year. In this case, the Chinese economy would expand rapidly, which will be positive for Chinese equities.
The primary dangers for Chinese equities in 2023 are still regulatory activities and escalating relations with the United States. Regulations are probably going to be less rigorous this year since China's government is focused on promoting development after the coronavirus outbreak, which should strengthen the Hang Seng index even further.
Dec 30, 2022 16:07
Jan 03, 2023 16:12