Analysis-Easing COVID-19 rules, growth focus aid China bulls' cautious return


Source: channelnewsasia.com channelnewsasia.com

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HONG KONG : The latest easing of coronavirus travel rules combined with other encouraging policy signals have began luring some foreign investors back to Chinese stocks, raising the chances that the market can sustain its bounce after months of heavy selling. As the S&P 500 is about to close its worst first half of any year since 1970 and bonds have taken a thrashing, China's beaten-down equity markets start looking like a shelter from a global storm of runaway inflation, interest rate hikes, and recession fears. China's blue-chip CSI300 index is up about 20 per cent from April lows, as...