Chinese stocks are likely to sell-off in the next two quarters as Beijing refrains from activating full-scale stimulus: BCA Research

//Chinese stocks are likely to sell-off in the next two quarters as Beijing refrains from activating full-scale stimulus: BCA Research

Chinese stocks are likely to sell-off in the next two quarters as Beijing refrains from activating full-scale stimulus: BCA Research

Chinese stocks are likely to continue falling over the next three to six months as the near-term dynamics in the domestic economic cycle will have to significantly worsen before policymakers forcefully ramp up stimulus, according to BCA Research.Investors should wait for the sell-off to run its course before picking up bargains when credit growth and investments, two major drivers of business activity, show meaningful recovery, it said in a report to clients.The caution follows a week in which…

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By | 2021-12-10T08:20:30+00:00 December 10th, 2021|Business|Comments Off on Chinese stocks are likely to sell-off in the next two quarters as Beijing refrains from activating full-scale stimulus: BCA Research