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Investors are showing renewed interest in Chinese equities as mainland markets remain closed until Oct. 8. Scott Rubner, a tactical specialist at Goldman Sachs, expressed optimism in Chinese Stocks due to increased daily demand and stimulus measures implemented by Beijing. The government’s commitment to providing strong stimulus has boosted confidence in Chinese Stocks that have been impacted by economic slowdowns and regulatory crackdowns in recent years. David Tepper of hedge fund Appaloosa Management has also expressed confidence in Chinese assets, citing government support as a key factor. E-commerce giants like JD.com and PDD have experienced significant stock gains in recent days.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.