China's stock rally fails to convince global funds
- Posted on October 8, 2024
- By Business News Today
- 2 Views
China's stock rally fails to convince global funds
Invesco Ltd., JPMorgan Asset Management, HSBC Global Private Banking and Wealth, and Nomura Holdings Inc. are among those viewing the recent rebound with skepticism and waiting for Beijing to back up its stimulus pledges with real money. Some are also concerned many stocks are already reaching overvalued levels.
