China’s AI boom and Xi’s private sector support fuel market optimism, but US tariffs loom

Quick Summary:

Investors fret over the impact of US tariffs on China’s economy and markets, with analysts predicting a potential GDP slowdown.

Goldman said in the report that onshore investors also expected the country’s property sector, which has been suffering from a protracted downturn, “to become less of a growth drag in the medium to long-term” following recent increases in home sales and prices in large cities.

The Hang Seng Tech Index has jumped 28 per cent year to date, while the benchmark Hang Seng Index has added 17 per cent.

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Article Details

Author / Journalist: Yuke Xie

Category: Business

Markets: Hong KongChina

Topics: Including According Rally Entrepreneurs Onshore Economy Companies Investors Markets China’s Report

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-03 @ 15:51:29 (3 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 292 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 42 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26693158

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