Posted 12/18/2023, 9:00:17 AM
Chinese Stocks Stabilizing After 3-Year Slump, Offering Value Plays Despite Lingering Property Crisis
- Chinese stocks have fallen for 3 straight years amid property market crisis, becoming Asia's worst performers
- However, some investors see signs of stabilization in economy and property sector
- Valuations of Chinese shares have fallen dramatically, making them attractive
- Parts of the Chinese market, like tech and industrials, continue to show resilience
- Focus is shifting to new high-growth sectors like EVs, though impact limited in near term