Chinese stocks are positioned to remain resilient on haven demand for RMB-linked assets, a property market recovery, and the expected inclusion of AI startups in key equity indices, per fund managers and investment banks. Official data showed home prices in major mainland cities reversed declines in March. Morgan Stanley anticipates AI firms Zhipu and MiniMax joining Hong Kong’s Hang Seng and Tech indices in June — with potential weightings of up to 3% and 7% — drawing fresh capital. BNP Paribas strategist Chi Lo said China’s property downturn may have passed; Morgan Stanley estimates Chinese stocks could gain 5%-10% by year-end.

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