Lombard Odier's Asia investment chief, John Woods, has expressed concerns about the recent stimulus measures in China. These measures initially boosted optimism in the country's $10 trillion stock market.

The package, introduced two months ago, resulted in a significant increase in stock prices after a period of underperformance. However, it has also created a dilemma for wealth advisers who cater to ultra-high-net-worth clients. Some investors have been chasing gains, believing that the market dynamics have changed this time. On the other hand, there are cautious investors who are wary of potential market corrections similar to previous false recoveries. The differing sentiments among investors highlight the challenges of navigating the current market landscape after the stimulus measures.