China investors identify trigger points to buy

AllianceBernstein sees stocks in energy and technology security as low-hanging fruit for investors, so long as the companies are aligned with the government’s goals.

WITH Chinese markets prone to sharp turning points followed by long and powerful trends, timing when to buy is almost as important as choosing what to purchase.

Investors who jumped into Chinese stocks on Nov 11 when Beijing cut Covid-19 quarantine periods and dialled back testing have shared in a rally that’s added almost US$370bil (RM1.7 trillion) to the value of equities in the MSCI China Index.