Story of the day
China's stock market has come under pressure as the government put in place antitrust regulations. Markets were caught by surprise and we saw a broad-based selloff with the Hang Seng China Enterprise Index tumbling 7% since mid-July.
But the DBS Chief Investment Office believes these headwinds are here for the short term, and do not discount the long-term growth trajectory of China's massive economy. The government remains committed to developing a solid domestic foundation and building up its self-sufficiency.
