JPMorgan strategists identify a potential turning point in China’s housing cycle as new-home price declines slowed to their weakest pace in a year and used-home prices rose across 13 mainland cities. These trends helped the MSCI China equity gauge recover 4% over the past month and underpin a forecast of up to 10% gains by year-end.

Since January 2025, the US government has committed $20.9 billion to 15 equity investments in strategic industries, marking the largest such effort since World War II. Key targets include rare earth mining, semiconductors and energy, creating substantial potential deal flow for major financial institutions.