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CIO Insight – Citi: Be wary of these crowded trades in China

Citi Global Wealth thinks China’s recovery is gaining speed, but opportunities in “policy-favoured” sectors, such as semiconductors and electric vehicles, are becoming a crowded trade. With more supportive policies being introduced, there is likely a shift in market attention to other industries, such as Internet. “We think China’s recovery is gaining legitimate speed, and we are likely to see that…

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