Some investors are getting tempted by cheap China stocks that have slumped 60% in 2 years — but the market started 2024 in the red

• A third of respondents to a Bloomberg poll said they plan to increase their Chinese stock holdings.
• Some investors say they are tempted by the cheap valuations of Chinese shares after a two-year slump.
• There are still considerable headwinds in China's economy, which has been struggling to recover.

China's stock markets have been in a slump since early 2021, losing nearly two-thirds of their value — which is making some investors very, very tempted.