China Stocks Tempt Some Investors Despite Looming Risks of Property Crisis, Unemployment, and Economic Uncertainty
• Chinese stocks have slumped 60% since early 2021, making valuations attractive to some investors
• A third of respondents to a Bloomberg survey plan to increase Chinese stock holdings
• But China indices fell on the first trading day of 2024 due to economic uncertainty
• China faces headwinds like property crisis, high youth unemployment, weak demand
• Nomura economists predict another economic dip this spring amid ongoing headwinds