Chinese Stocks Can Continue to Rally, Saxo Bank's Creagh Says

Chinese Stocks Can Continue to Rally, Saxo Bank's Creagh Says

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Business

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The video discusses the strong start of Chinese equities in contrast to the stagnant SNP. Despite deteriorating fundamentals, Chinese equities are expected to rally due to policy support. The focus is on directing savings from the housing market to the equity market, given China's closed capital accounts. Policymakers are influencing the flow of investments, supporting the equity markets.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What shift is occurring in the Chinese market as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is it important to note where policymakers want the flow of money to go?

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