China sceptics gearing up for rebound in stocks

Some investors see potential for a technical rebound at such cheap valuations. — Bloomberg

SHANGHAI: The China stock rout has run so deep and long that even some of the sceptics are preparing for at least a short-term bounce.

Bell Asset Management Ltd, a long-time bear, is now scouring the market as stocks are “just so cheap,” while Abrdn Plc is looking to gain exposure via options. JPMorgan Asset Management and BlackRock Inc see potential for a rebound as valuations have become attractive.