The reopening of China has reawakened a broader interest in foreign investing, and strategists expect it to deliver rewards to investors in its own markets and beyond this year.
Strategists see China’s markets easily scoring double-digit gains this year. Hong Kong’s Hang Seng index is up just under 10% year-to-date while mainland markets, like Shanghai, are up about half that. But strategists also caution that the China story may not end up being all that is hoped for because of the continued spread of Covid and the difficulties of re-engaging the economy with the globe.
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