Bullish Chinese Equities Backed by Government Intervention

about 1 month ago

Louis Vincent Gav

"I think the Chinese equity bull market started in earnest in January 24. That's when the government stepped in to put a floor under the market. As stocks fall, high dividend yielders like PetroChina, China Mobile and Bank of China attract buying, reinforcing the momentum. With strong government backing and attractive dividend differentials versus cash yields, the market remains buoyant."

Louis Vincent Gav highlights that the Chinese equity market is experiencing a robust bull phase, beginning when the government actively intervened to stabilize prices. The commentary emphasizes high dividend yields and ongoing policy support as key catalysts, suggesting that Chinese equities offer attractive long-term prospects despite broader market uncertainties.