
A leading Chinese hedge fund is capitalizing on the recent dip in Hong Kong-listed technology stocks, asserting that valuations remain attractive despite a recent rally. Bank of America strategist Michael Hartnett has echoed this sentiment, advising investors to purchase Chinese stocks during any market weakness. This recommendation comes ahead of an anticipated announcement regarding new fiscal stimulus measures from the Chinese government. Hartnett emphasized the importance of this strategy, suggesting that the government's efforts to support the market will not fall short, particularly as retail investors gain access to state-backed funds for stock investments.

BofA’s Hartnett Recommends Buying Any Dips in Chinese Equities https://t.co/YQyZmmXL1q
BofA strategist says "we buy any China dips" "Gotta believe after setting up a fund so retail can borrow from the state to invest in stocks China government ain't gonna come up short on stimulus this weekend" https://t.co/12hQ92cHfy
Buy any China dips, low sweep probability in US election good for stocks: BofA https://t.co/afp2LB4l0K https://t.co/LLRxZNCw1w