China Stock Catalysts Seen Lacking as Economic Woes Run Deep
- Geopolitical tensions, China deflation among key risks: survey
- Government treating ‘symptoms not the disease’: fund manager
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China’s stock market suffers from a lack of positive drivers as the new year begins, and Beijing’s support efforts are likely to keep falling flat amid persistent risks.
Those are the key takeaways from an informal survey of 23 mostly mainland-based analysts and money managers by Bloomberg News. Geopolitical tensions, China deflation and a possible US recession are seen as the greatest threats, while potential positives include bargain hunting after the prolonged selloff and an end to the foreign-investor exodus.