Posted 1/9/2024, 11:00:00 PM
China Stocks Face Uphill Climb Despite Government Support Amid Economic Headwinds
- China's stock market lacks positive drivers amid economic woes; Beijing's support efforts fall flat
- Geopolitical tensions, China deflation, and potential US recession seen as biggest threats
- Bargain hunting after selloff and end to foreign investor exodus potential positives
- CSI 300 Index seen gaining 6% by Q1 end, 21% in 2024; first annual gain since 2020
- Opinion split on whether worst is over for China's property sector, a key factor in economic malaise