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Strategist Who Called China Stock Rally Sees More Gains.
- Source :
- Bloomberg.com; 10/18/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- A Bank of America Corp. options strategist predicts that the Chinese equity rally may continue, with increased demand for bullish bets following economic revival initiatives. Other firms, like Goldman Sachs, also anticipate further gains and recommend options strategies to take advantage of market volatility. Investors are cautious due to past boom-and-bust cycles and uncertainties surrounding China's stimulus plans and the US election. The Chinese equity market remains volatile, with skepticism growing about the effectiveness of future stimulus measures. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 180362193