Sign In  |  Register  |  About Daly City  |  Contact Us

Daly City, CA
September 01, 2020 1:20pm
7-Day Forecast | Traffic
  • Search Hotels in Daly City

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Analysts predict China stock bounce in 2023

By: PRLog

Chinese markets have taken a bullish turn as investors take a more practical approach to the current loosening of restrictions.

SEOUL, South Korea - Dec. 16, 2022 - PRLog -- China-based stocks listed on U.S exchanges have also increased recently, with changes in Beijing including reduced airport quarantine times for inbound visitors and reductions in mass testing. This boost is to continue through 2023 and onwards offering a positive outlook for investors.

How China's Covid-19 Protests Could Ultimately Help Stocks

The protests spreading across China over the government's Zero-Covid policy are affecting investors at the moment, but analysts say this could benefit stocks in China over the long run.

After the news of the Covid restriction easing due to the protests, Electric vehicle makers Nio (NIO) jumped 13% and Li Auto (LI) jumped 8%. Travel booking site Travel.com (TCOM) bolted 8% higher. Alibaba Group (BABA) stock rose 8%.

Investors turn to Renewable Energy and Lithium for 2023

Even though there are poor global economic predictions for 2023, electric vehicle demand is set to steadily rise and so too is the need for lithium, rare earth minerals, copper and nickel.  China will be the dominant player in the supply of this material, with that country currently responsible for 65 per cent of primary supply and about 90 per cent of global processing capacity.

The renewable energy market is helping to improve the environment and create new industries at the same time. Investments in renewable energy stocks are seeing an increase and are poised to be in a high percentage of investors portfolios come 2023.

Our Thoughts - Core Asset Wealth Management

"Many people have personal or ethical reasons to invest in the renewable sector, but the chance to help the planet isn't the only potential benefit of including renewable energy in your portfolio. Investing in alternative energy can help diversify your holdings. When oil and other traditional energy resources are experiencing volatility, renewable investments may act as a stabilizing force."

Core Asset Wealth Management are a group of investment advisors that formed in 2012 to serve institutional and private clients globally. If you have worked hard and saved throughout your life, we can help you retire comfortably and confidently through tailored money management, industry-leading client service, illuminating insights and a fee structure aligned with your success.

For more information visit us at www.acg-wealth.com

Photos: (Click photo to enlarge)

Core Asset Wealth Management Logo

Read Full Story - Analysts predict China stock bounce in 2023 | More news from this source

Press release distribution by PRLog

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 DalyCity.com & California Media Partners, LLC. All rights reserved.