0353 GMT - China's A-share market is likely to remain resilient, supported by a strong start for the economy this year, HSBC strategists say in a note. They note that major activity indicators for January to February rebounded, beating HSBC's expectations, driven by strong exports, a recovery in manufacturing and infrastructure investment, and a longer Lunar New Year holiday. While a projected single Fed rate cut could hinder flows into emerging markets and lead to more foreign outflows, HSBC expects ample liquidity in China's markets, supported by rising mutual fund issuance, an estimated 3.8 trillion yuan deposit migration into A shares, and potential support from the National Team. However, the bank still expects a K-shaped recovery to China's economy, with the property sector and its related industries such as ferrous metals remaining weak. (jason.chau@wsj.com)
(END) Dow Jones Newswires
March 18, 2026 23:53 ET (03:53 GMT)
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