More from RBC WM , this time on China:
believes Chinese equities likely to be largely range-bound in the second half of 2025
See two major performance drivers:
US-China trade negotiations and corporate earnings
RBC says the worst-case scenario on trade has been avoided but expect further volatility on news on further trade negotiations.
More:
RBC monitoring signs of fundamental recoveryUS tariff impacts starting to materialiseinvestors will pay attention to earnings resilience and whether the earnings per share (EPS) recovery can support further valuation expansionanticipates that additional government reforms, such as greater market access, industrial policy changes, and policy stimulus, could potentially provide upside surprises for the market
This article was written by Eamonn Sheridan at www.forexlive.com.