The Afternoon Update with Lynlee Foo (1pm – 4pm)The Afternoon Update with Lynlee Foo (1pm – 4pm)

Market View: The bull in the china shop

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The U.S markets have undoubtedly been front and centre of investors' attention this year, amid an exuberant bull run and continued interest in the technology sector. 

Amid the attention on the U.S markets, Chinese markets have quietly crept up.
The Hang Seng Index is up nearly 20% since the start of 2024, reversing a loss of -32.5% in 2023.

Meanwhile, the FTSE China 50 Index is up 14% in the same period - a stark contrast to its forgettable performance in 2023, when it declined nearly 20%.

What does this mean for investors curious about China?

Isaac Lim, Chief Market Strategist at moomoo, discussed with Sean Cheong the technicals and fundamentals of this bull run, if China's property crisis, which remains unresolved, been completely priced into the markets and a trade idea for China given the market conditions now? 


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The Afternoon Update with Lynlee Foo (1pm – 4pm)

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