By John Liu, Zhu Lin and Abhishek Vishnoi, Bloomberg Markets Live reporters and strategists China’s most promising industries are facing a growing threat of trade restrictions from Western governments, blurring the outlook for stocks that have the potential to fuel the nation’s market growth.
” Investors had been hunting for stock winners since the phrase was listed on Beijing’s top agenda in early March, triggering a brief rally in shares from robotics companies to chip makers. “While the new productive forces may have policy tailwinds, these may be somewhat offset by rising geopolitical tensions, particularly in an election year where noise will likely increase,” said Marvin Chen, a strategist at Bloomberg Intelligence.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: