JPMorgan is firmly bullish on Chinese stocks: this round of decline is the right time to buy

Marko Kolanovic, the chief global market strategist of JPMorgan Chase, wrote in the customer report that the rapid decline of Chinese stocks was disconnected from the fundamentals, and this round of selling tide provided stock investors with buying opportunities. Kolanovich believes that in view of China's expected economic growth recovery, monetary and fiscal stimulus and other factors, "we think this is a good (buying) opportunity". He also mentioned that China's latest GDP and other economic data for the third quarter were surprising.