China Stock Skepticism Gets Louder Amid World-Beating Run.

Chinese stocks have experienced a significant rally in recent weeks, but many global fund managers and strategists remain skeptical. Invesco, JPMorgan Asset Management, HSBC Global Private Banking and Wealth, and Nomura Holdings are among those who are waiting for Beijing to provide real money to back up its stimulus pledges. Concerns have also been raised about overvalued stocks and the potential for a market correction. While some remain bullish, others believe that additional policy steps are needed to boost economic activity and confidence. The durability of the rebound will have implications for index-tracking funds and countries with trading and investment links to China. [Extracted from the article]