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Here's how stimulus measures could play out for Chinese internet stocks
October 2, 2024 11:00 PM EDTBernstein analysts suggested in a note this week that recent stimulus measures from the Chinese government could mark a turning point for Chinas internet sector.
Following a series of government announcements, the outlook for these stocks is beginning to shift, with investors likely to adopt a buy the dips rather than sell the rips approach.
According to Bernstein, while actual macroeconomic improvements may take time to manifest, this could be the start of an early cycle for... More
