China’s retail recovery remains fragile as stimulus falls short: Saxo
Mahesh Sethuraman, Singapore CEO at Saxo, says China’s consumption rebound lacks momentum despite moderate stimulus, with overinvestment and price pressures weighing on growth. He adds AI optimism continues to lift tech sentiment, while gold’s rally reflects retail investors’ fear of missing out.
Mahesh Sethuraman, Singapore CEO at Saxo, says China’s consumption rebound lacks momentum despite moderate stimulus, with overinvestment and price pressures weighing on growth. He adds AI optimism continues to lift tech sentiment, while gold’s rally reflects retail investors’ fear of missing out.