Investors can expect a year of gains for Chinese equities, Donald Straszheim of Evercore ISI said Tuesday.
"They've got plenty of tools at their disposal, one of which is to continue to buy selected securities as they so choose," firm's head of China research told CNBC's "Squawk on the Street." "This is going to be an up year for China's equity markets. Last year, it was a big disappointment; a roller coaster."
"The data has gone from all bad to mixed, they've got a lot monetary stimulus, a lot of fiscal stimulus as well; they've weakened the currency to lift the economy. I think equity interest is going to return, and I think it's going to be an up year."