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Bangkok Post
Bangkok Post
Business

Citi joins Man Group and PineBridge as bullish on China stocks

The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada, on Oct 19, 2017. (Photo: Reuters)

The trickle of positive calls on Chinese equities has turned into a flood as a recent easing of coronavirus curbs and pledges of more stimulus help revive sentiment.

The upbeat tide on the nation’s stocks has extended beyond local firms, with investors like PineBridge Investments, Man Group and Eurizon SLJ Capital all issuing positive outlooks recently. This may provide another leg up for the benchmark CSI 300 Index, which has climbed about 17% from an April low, among the best-performing gauges in the world.

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