JPMorgan is ‘positive' on China stocks and ‘constructive' on real estate as Beijing props up markets

JPMorgan's view on China stocks is"tilted in the positive direction," said Wendy Liu, the firm's chief Asia and China equity strategist.

JPMorgan is"positive" on China stocks and"constructive" on its real estate sector as the world's second-largest economy strives to prop up its equity and property markets.JPMorgan's view on China stocks is"tilted in the positive direction," said Wendy Liu, the firm's chief Asia and China equity strategist.

The country's stock markets have been underperforming in recent years. Mainland China's CSI300 was the third worst performing stock market in Asia, losing 11.38% last year. It also clocked losses in 2022 and 2021.Liu is optimistic about China's market reform after new chairman Wu Qing was appointed as the head of the China Securities Regulatory Commission, saying that the CSRC had introduced supply side reforms.

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