Cheap China Stocks Lure Investors Who See 60% Slump as Rock Bottom
Almost a third of survey respondents say they will increase their China investments over the next 12 months
WATCH: MLIV Pulse: What Is Your Exposure to China in 2024?
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For some, a slump of almost 60% is a signal to buy Chinese stocks.
Almost a third of 417 respondents to Bloomberg’s latest Markets Live Pulse survey say they will increase their China investments over the next 12 months. That compares with just 19% in a similar August survey and is higher than the 25% who planned to boost exposure in March. Only a fifth now anticipates cutting their China holdings.