The A-share index breaks through 3200 points! Founder of the "Dollar Smile Theory": Chinese stock market will continue to see a "sharp rebound"
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On Monday, the SSE Index broke through 3200 points, with an increase of 3.73%. Stephen Jen from Eurizon SLJ Capital stated that investors should continue to pay attention to the market rebound brought by China's stimulus plan. He pointed out that the Chinese stock market is severely undervalued and may experience a significant rebound in the future. Despite 19% of global fund managers choosing to short Chinese stocks, Jen believes that with the Fed rate cuts and policy easing, risk assets will perform well, and he expects global stock markets to rise strongly by the end of the year
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