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But areas of the market dominated by small stocks and frequented by the country's retail investors have done surprisingly well. Scores of retail investors are dabbling in micro-cap stocks - stocks whose market capitalisation is tiny - operating under the radar of big funds and investors and their massive market-moving flows. Strategies such as Cui's stand out this year in a stock market depressed by China's wobbly economy, heightened geopolitical risks and surging overseas interest rates. Some brokerages are starting to recommend micro stocks to clients. GF Securities said in an October strategy report that buying micro stocks is part of a new investment paradigm in a stock market suffering from anaemic growth, and global decoupling risks.
Persons: Aly, horribilis, Joseph Cui, Cui, Yuan Yuwei, Helen Wu, Wu, Yi Huiman, Lu Deyong, Seres, Lu, Huang Yan, Jason Xue, Samuel Shen, Summer Zhen, Vidya Ranganathan, Simon Cameron, Moore Organizations: REUTERS, Rights, Huawei Technologies, Regulators, Wisdom Asset, China Securities Regulatory Commission, Huawei, Security Technology, TRS Information Technology, Automotive, Seres, Securities, Shanghai QiuYang, Thomson Locations: Shanghai, China, Rights SHANGHAI, HONG KONG, United States, ChatGPT, Ningbo, Summer, Hong Kong
SINGAPORE, June 4 (Reuters) - The United States should ease off military deployments close to China in an act of "good faith" if high-level defence talks between the two superpowers are to resume, a retired veteran Chinese diplomat said in Singapore on Sunday. Cui said of U.S. naval and air force deployments close to China. Those risks were highlighted during the weekend as China's military criticised the United States and Canada for "deliberately provoking risk" after the countries' navies staged a rare joint sailing through the sensitive Taiwan Strait on Saturday. U.S. deployments near China, Cui said, were "certainly disrespect of other countries' sovereignty and territorial integrity and to be more specific, they always prefer unilateral sanctions." "As a matter of principle, we are always ready for more dialogue with others, including with the United States."
Persons: Cui Tiankai, Cui, They're, Cui's, of National Defence Li Shangfu, Li, Lloyd Austin, Austin, Chen Lin, Greg Torode, Gerry Doyle Organizations: Reuters, of National Defence, U.S . Defence, Thomson Locations: SINGAPORE, United States, China, Singapore, U.S, Taiwan, East, South China, Canada, Russia
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