Market rally gets fresh legs as policymakers pivot towards growth after years of focusing on risk management
The gap between China’s slowing economy and its buoyant stock market shows little sign of narrowing as policy expectations, advances in technology, and easing geopolitical risks continue to brighten the outlook for the equity market, according to investors and analysts.
That logic gained fresh momentum in August when broad-based indicators pointed to a slowdown in growth, reinforcing bets on further policy support.
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