China’s Stock Market: An Excitable Dog on a Leash?

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Bloomberg

Thu, Sep 4, 2025, 11:41 PM

Morgan Stanley’s Chief China Economist Robin Xing says policymakers probably see China’s equity market as an “excitable dog on a very long leash” with policy guardrails needed to rein it in, as authorities grow increasingly worried about the speed of the rally. Speaking on “Bloomberg: The China Show,” he explains why household deposits may not flood into equities as expected, and why only stronger policy support can truly reflate the economy and sustain the rally.

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