0731 GMT - Investors are concerned about the deceleration in China's economic growth, according to HSBC analysts in a research note. The weakness in the real economy, excluding the artificial-intelligence segment, is behind investors' cautious sentiment, the analysts say, after HSBC hosted its China conference earlier this month. "Lukewarm consumption growth isn't the biggest concern--the peak in fixed asset investment at the beginning of year was followed by five consecutive months of weakening," the bank says. However, many investors believe the Chinese government will only roll out stimulus measures if the U.S. or European Union raises tariffs on Chinese goods, or if China's GDP growth decelerates further, HSBC says.
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