Can Chinese equities bounce back this year?

Investors are divided whether peak pessimism and distressed valuations will reverse the asset class’s underperformance, or if recent trends are set to continue in 2024.

Chinese equity markets lagged global peers in 2023 and have had a difficult start to 2024. Anticipation for a sustained recovery following the removal of pandemic related restrictions proved short-lived, as pent-up demand was unable to offset property sector worries and softer consumer sentiment.

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