Citigroup released a research report on the 20th, raising the rating of the Chinese stock market from “tactical neutral” to “overallocated” in asset allocation in emerging markets, showing that the agency is optimistic about the trend of Chinese assets in the second half of this year. Citigroup analysts believe that the Chinese stock market is expected to benefit from a general rise in global stock markets and an improvement in the global growth environment this year. The report points out that current investment opportunities in emerging markets are undergoing structural changes. If geopolitical risks are mitigated, the global liquidity environment is improved, and the macroeconomic environment of the market remains favorable, then there is room for further growth in the market. Citigroup also anticipates that profits of MSCI Emerging Markets Index companies will increase dramatically this year, with Chinese and South Korean companies having the highest potential for growth in performance. Since April of this year, stock markets in countries and regions such as the US and South Korea have experienced a round of strong gains, driven by artificial intelligence and chip-themed stocks, but related stocks and sectors have recently experienced a significant correction.

Citigroup released a research report on the 20th, raising the rating of the Chinese stock market from “tactical neutral” to “overallocated” in asset allocation in emerging markets, showing that the agency is optimistic about the trend of Chinese assets in the second half of this year. Citigroup analysts believe that the Chinese stock market is expected to benefit from a general rise in global stock markets and an improvement in the global growth environment this year. The report points out that current investment opportunities in emerging markets are undergoing structural changes. If geopolitical risks are mitigated, the global liquidity environment is improved, and the macroeconomic environment of the market remains favorable, then there is room for further growth in the market. Citigroup also anticipates that profits of MSCI Emerging Markets Index companies will increase dramatically this year, with Chinese and South Korean companies having the highest potential for growth in performance. Since April of this year, stock markets in countries and regions such as the US and South Korea have experienced a round of strong gains, driven by artificial intelligence and chip-themed stocks, but related stocks and sectors have recently experienced a significant correction.