Oct
25
China Stocks Coming In From the Cold Amid Property Shakeout
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Housing curbs will drive funds into equities: JPMorgan Asset
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Shanghai Composite heads for biggest monthly gain since March
China’s speculative investors may finally be contemplating a return to stocks.
That’s according to JPMorgan Asset Management, which has been buying mainland shares in a bet that a real-estate lending crackdown and lower valuations will draw investors to equities, more than a year after a rout that wiped out $5 trillion in value. Chinese shares are beginning to perk up, with the benchmark Shanghai index headed for its best month since March…
China Stocks Coming In From the Cold Amid Property Shakeout
