Investors Eye China Amid Economic Revival Efforts

Global investors are cautiously optimistic about China's economic rebound, driven by Beijing's initiatives to reverse economic slowdown and boost the stock market. Despite lingering uncertainties, some fund managers are increasing their stakes in Chinese equities, seeing potential long-term gains amidst governmental policy shifts and economic support measures.

Global investors are cautiously returning to Chinese markets, spurred by Beijing's efforts to reverse an economic slowdown and boost long-term interest in its stock markets. Although uncertainty remains, money managers are increasingly optimistic about the potential for gains.

Gabriel Sacks, emerging market portfolio manager at Abrdn, revealed that the group has selectively bought China stocks following recent economic support pledges. Meanwhile, hedge funds have driven recent rallies, but mutual funds remain cautious, waiting for consumer confidence to improve.

Observers note that Beijing's measures, including rate cuts and eased home-buying restrictions, aim to sustain demand without triggering another property or infrastructure boom. U.S. rate cuts could further enhance global demand and Chinese exports, offering a brighter outlook for China's economic future.

(With inputs from agencies.)