Chinese fund houses say A-share selloff is external shock, not a reversal

TREE NEWS reports: Several Chinese fund institutions said the recent A-share market adjustment stems mainly from external shocks and trading-level factors rather than a reversal in China’s economic fundamentals or listed companies’ earnings logic. They said that with a resilient economy and policy support, the pullback changes prices, not the long-term value of Chinese assets, and urged investors to stick to fundamentals-based value investing rather than altering long-term judgments over short-term moves.