ChiNext set to gain from China's advanced manufacturing push
China is doubling down on advanced manufacturing to boost its economic resilience both in the short and long term. This bodes well for the ChiNext Index, which is largely geared towards advanced manufacturing sectors such as electric vehicles, biotech and high-end medical devices. Given strong earnings growth and the possibility of more policy support, the ChiNext market could also be near a potential upturn. Find out where the opportunities lie here.
If you are interested in investment opportunities related to the theme covered in this article, here is a UOBAM fund to consider:
You may wish to seek advice from a financial adviser before making a commitment to invest in the above fund, and in the event that you choose not to do so, you should consider carefully whether the fund is suitable for you.
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