JP Morgan: Chinese investors are bullish on global stocks — at least for now

Investors in China expect global stock markets to go up this year, and are more worried about slowing world growth than they are about the trade war, according to a survey by J.P. Morgan Asset Management released Wednesday.

In China, Shanghai stocks jumped 23.9 percent in the first three months of this year, while the index in Shenzhen rose even more — up a robust 33.7 percent. The CSI 300, which includes top stocks on both exchanges, also spiked by 28.6 percent. Despite 86.2 percent saying they expect a global recession sometime in the next 1-3 years, more than half still expect to be overweight in stocks in the coming 6-12 months, the firm said in a release.

Behind that, he said, are"positives" including the Fed pause, optimistic signs around the U.S.-China talks and a"dovish bias" from the People's Bank of China toward supporting the world's second-largest economy.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Morgan Stanley: With yields falling, these stocks that act like bonds may be a good betMorgan Stanley's strategists see outperformance in stocks that behave like bonds as yields — and economic forecasts — continue to recede.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »