SMU Associate Professor of Finance Fu Fangjian commented that the Chinese government's objective is not to sustain A-shares at a specific price level but to leverage the stock market's performance as a gauge of the real economy and market confidence. He noted that the stock market's overall trajectory this year will ultimately hinge on China's economic performance. While acknowledging that the potential impact of U.S. President-elect Donald Trump's policies may bring increased uncertainties to China's foreign trade compared to his previous term in office, Assoc Prof Fu highlighted that China is now better prepared and more experienced.
