China stocks bottoming out, say investors

Fund managers remain cautious on India, despite the recent turnaround in stock prices there, but they are increasingly optimistic that Chinese equities have bottomed out after three years of bear markets. “We have seen so much negative sentiment on China that it doesn’t take much positive news to get [an uplift in the markets anymore],” says Andrew Milligan, head of global strategy at Standard Life Investments. Others support this view. Andrew Pease, Russell Investments' chief i…