BofA on China's stimulus announcement: It is a whole package, but not a big bazooka

Winnie Wu from BofA Securities says big cap beta names will do well in this risk-on environment, but for the rally to sustain, more needs to be done, especially in terms of fiscal stimulus and structure reform.

Sep 24, 2024 - 14:00
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BofA on China's stimulus announcement: It is a whole package, but not a big bazooka
Winnie Wu from BofA Securities says big cap beta names will do well in this risk-on environment, but for the rally to sustain, more needs to be done, especially in terms of fiscal stimulus and structure reform.