Chinese Stock Rally Likely To Stall Without Robust Earnings By Henry Ren, Bloomberg Markets Live reporter and strategist Earnings for China Inc. are looking somewhat better, though likely not enough to keep fueling the recent stock market rally. Strategists say the bounce spurred by low valuations needs a full-blown earnings recovery to continue. Remember the lesson from China’s Covid reopening trade, which began favorably in late 2022 and lasted only three months. During that... Read this story
