China Skeptics Are Gearing Up for a Sudden Rebound in Stocks
- BlackRock, JPMorgan Asset say China valuations attractive
- Bell Asset is looking to add exposure for first time in decade
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The China stock rout has run so deep and long that even some of the skeptics are preparing for at least a short-term bounce.
Bell Asset Management Ltd., a long-time bear, is now scouring the market as stocks are “just so cheap,” while Abrdn Plc is looking to gain exposure via options. JPMorgan Asset Management and BlackRock Inc. see potential for a rebound as valuations have become attractive.