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Amundi Shifts Focus: Cuts Chinese Stocks, Embraces Dividends

10/2/2025

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Story summary
  • Amundi reduces exposure to Chinese equities, reallocating to dividend stocks amid tariffs.
  • The deputy chief investment officer questions the sustainability of China’s market rally despite the CSI 300 rise.
  • China opens its stock option market to foreign investors, boosting yuan-denominated asset appeal and hedging against volatility.
  • PMI at 49.8 signals a sixth contraction; exports resilient as 5% growth target looms.