After making a big profit, Bridgewater Associates said it will continue to increase its holdings of Chinese stocks!

JIN10
2024.10.18 13:11
portai
I'm PortAI, I can summarize articles.

Bridgewater stated in its third-quarter letter that despite the rebound in the Chinese stock market, prices are still below earnings prospects, and they plan to continue increasing their holdings of Chinese stocks. The fund also holds a long position in bonds and maintains a neutral stance on commodities, expecting Chinese policies to support the economy. Sinolink Asset Management pointed out that China has taken meaningful economic stimulus measures, boosting investor sentiment. A survey by Bank of America showed that fund managers in the Asia-Pacific region are increasingly bullish on Chinese assets