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China’s Improving Market Breadth Is Good News for Stock Bulls

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China,China,Goldman Sachs

(Bloomberg) -- The rebound in Chinese stocks is set to extend as the gains spread to segments that have trailed the market recovery. Most Read from...

-- The rebound in Chinese stocks is set to extend as the gains spread to segments that have trailed the market recovery.Hims Debuts $199 Weight-Loss Shots at 85% Discount to Wegovy

Consumer technology and financial firms have contributed the most to the MSCI China gauge’s recovery from a January low, while property and materials shares have risen more than 40%. There’s growing expectations for underperforming sectors such as equipment makers, exporters, technology and property to participate in the rebound.

To be clear, geopolitical tensions with US and key trading partner Europe remain a risk for Chinese equities. A clear upward trend for earnings, which largely underwhelmed in the first quarter, is also key to sustain the recovery. Here’s a very reliable, dividend-paying Canadian bank stock you can buy at a bargain right now and hold for the long term. The post 1 of the Best Dividend-Paying Bank Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada. -- A coalition of Tesla Inc. shareholders is urging its peers to reject the $56 billion pay package for Chief Executive Officer Elon Musk that the company’s board has asked investors to approve again.

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