Stephen Jen Quoted in Bloomberg: “Stephen Jen Says China Has Turned Corner, Sees 10% Stock Rise”
Sangmi Cha, Bloomberg, April 14, 2026
In a recent article for Bloomberg, Sangmi Cha highlights Eurizon SLJ Capital’s view that Chinese equities could rise further this year, supported by a stabilising property market, more constructive policy signals, and still-discounted valuations.
The article draws on a note by Stephen Jen and Joana Freire, which argues that China’s economic backdrop has improved after several years of pressure from the property sector and weak investor confidence. The piece also notes Eurizon SLJ’s expectation that earnings growth, household savings, and stronger export profitability could provide further support for Chinese stocks.
As Stephen Jen and Joana Freire wrote:
“This will likely be a year marked by a bottom in the Chinese property market (a floor in domestic demand) and a surge in corporate profitability from exports,” according to the note. “China has turned a corner, finally.”
The article also highlights Eurizon SLJ Capital’s constructive view on selected large-cap growth sectors, including IT, lithium batteries, humanoid robotics, and healthcare, while noting the potential role of yuan appreciation in supporting Chinese assets.
The note adds:
“In the event of a cessation of conflicts in the Middle East, Chinese equities should advance with the rest of the world, augmented by yuan appreciation.”
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