Caroline Cai, CEO of Pzena Investment Management, believes that China's extreme stock valuations present a unique opportunity for investors, despite ongoing macroeconomic challenges. While her firm has increased its exposure to Chinese equities, others, like Adam Coons of Winthrop Capital Management, remain cautious due to potential short-term market reversals. Recent government measures, including a significant stimulus package, have led to a 20% rise in the CSI 300 index year-to-date.
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