China’s market links resume as Brexit worry eases
After a Brexit delay, Hong Kong’s Shenzhen market connect is “imminent” and the Shanghai-London link will go forward, according to reports.
After a Brexit delay, Hong Kong’s Shenzhen market connect is “imminent” and the Shanghai-London link will go forward, according to reports.
Brexit has not had an impact on China’s markets, and valuations are historically cheap, the firm said.
French insurer Axa has entered into a worldwide strategic partnership to distribute its insurance products and services through the global ecommerce ecosystem of China’s Alibaba.
The MSCI rejection of A-share inclusion, as well as Brexit, has had little impact on China-focused equity funds in the short-term, according to FE data.
As Brexit fatigue tightens its grip on us all, particularly those who have been writing about it for a living, and the United States gets going with its election, things have been suspiciously quiet on the China front.
The Chinese currency is under depreciation pressure, as the country needs to lower its foreign debt levels, according to Mo Ji, the firm’s chief economist for Asia ex-Japan at Amundi Asset Management.
Some of Schroders best known fund managers have picked out what they see as the biggest concerns for investors in the near term.
Chinese policymakers are capable of preventing a credit crisis, according to Qian Wang, senior economist for Asia at Vanguard Investments Hong Kong.
China’s currency depreciation trend playing out in 2016 looks set to continue, according to Jade Fu, investment manager at Heartwood Investment Management.
China is experiencing a cyclical upturn and will not have anything approaching a ‘Lehman’s Moment’, according to Liontrust’s Patrick Cadell.
The mainland’s provident and pension funds should bring up to $610bn into China’s interbank bond market (CIBM) after regulators open it to a wide range of foreign and domestic investors, analysts said.
An agreement for the Shanghai-London Stock Connect is expected to be signed in September, according to local reports.