As China aims for a new growth cycle, can its stock market ride the bull?

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As China aims for a new growth cycle, can its stock market ride the bull?
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TASEK GELUGOR: Police have identified the four men involved in the attack and fatal hacking of a Myanmar national at a restaurant in Taman Sepadu Jaya here early yesterday morning.

have buoyed a new bull run, riding momentum from January’s release of DeepSeek’s groundbreaking artificial intelligence model that shifted global attention to Chinese assets, while sending Hong Kong and Chinese mainland stock markets on a tear.

China is about to embrace major opportunities, according to a fund manager at a major investment firm. “Moving forward, we will focus on deepening comprehensive reforms in capital-market investment and financing, accelerating the next round of market opening and reform, empowering tech companies, and promoting the healthy development of the stock market,” Wu said.

China’s growth target of around 5 per cent for the year, coupled with vows for more loose monetary policies, has fuelled optimism that more aggressive stimulus measures will be enacted to counter headwinds, which include deflationary pressures, a prolonged property slump, hefty local-government debts, and trade tensions with the United States.

Last year, China’s equity market slumped into a prolonged gloom, when stagnation seemed to be China’s inevitable future and international capital was favouring other Asian markets such as India and Japan.

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