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DBS Bank: Outcome of NPC and CPPCC meetings is “market positive” for China equities

DBS Bank has reiterated its constructive stance on China equities following China’s National People’s Congress (NPC) assembly and the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), according to Hou Wey Fook, CIO at DBS Bank. “Domestic sectors, such as financials and industrials, will be the primary beneficiaries of the latest pump-priming policies,” Hou said. “Given that their…

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