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    Will China’s stimulus work ? 5 metal stocks which can deliver up to 54 % returns, as per analysts

    Synopsis

    Recently, China announced measures to prop up its real estate market, once again. Given the fact that China is the biggest guzzler of metal, focus is back on metal stocks. Unlike 2021 and early 2022 when the outlook was bullish across the board because of supply chain bottlenecks. This time around it is not secularly but selectively bullish. It is selected stocks which are getting attention, companies either with large capacity, fully integrated or in any area where they are literally monopolies in some segments.

    China is one of the biggest consumers of metals. Be it copper, aluminum or steel. When the global market gets indication that the Chinese government is planning a push for its real estate market or giving any kind of stimulus then metal prices tend to firm up. After covid led disruption, the first six months of calendar year, 2023 had seen a softening of commodity prices across the world. Then with the opening up of China some metal prices had
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    The Economic Times