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Despite stock market rout, don’t write off investing in China just yet, say analysts

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Investors look at screens showing stock market movements at a securities company in Fuyang in China's eastern Anhui province on January 17, 2024. (Photo by AFP) / China OUT

On Feb 5, China’s benchmark Shanghai Composite Index hit a five-year low of about 2,650.

PHOTO: AFP

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A stock market rout this week, on top of a drop in foreign direct investment (FDI) in China, has once again raised the question of whether the world’s second-largest economy is “uninvestable”.

On Feb 5, China’s benchmark Shanghai Composite Index hit a five-year low of about 2,650 before the Chinese authorities’ promise of policy support helped put a floor to the drop.

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