China’s RMB under devaluation pressure
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.
China
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Schroders picks out its biggest fears
Some of Schroders best known fund managers have picked out what they see as the biggest concerns for investors in the near term.
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Vanguard: China credit crisis unlikely
Chinese policymakers are capable of preventing a credit crisis, according to Qian Wang, senior economist for Asia at Vanguard Investments Hong Kong.
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Is China heading for another currency intervention? – Heartwood
China’s currency depreciation trend playing out in 2016 looks set to continue, according to Jade Fu, investment manager at Heartwood Investment Management.
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China seeing ‘cyclical upturn’ – Liontrust
China is experiencing a cyclical upturn and will not have anything approaching a ‘Lehman’s Moment’, according to Liontrust’s Patrick Cadell.
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China takes more steps to open bond market
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.
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Shanghai-London stock link ready
An agreement for the Shanghai-London Stock Connect is expected to be signed in September, according to local reports.
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Easing currency risks support Asian equities
A weaker dollar and a low chance of an RMB devaluation support Asian currency stability, which has a strong equity market impact, said Falcon Private Bank’s CIO David Pinkerton.
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“Follow the footprints of Chinese tourists” – Macquarie
Tourism is going to be one of the most compelling consumer stories to come out of China during the coming decade, according to Macquarie Investment Management.
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Asian price-to-book ratios looks compelling – BlackRock
The price-to-book ratio of companies in Asia excluding Japan and the region’s 40-year market history are combining to indicate now is the right time to invest there, according to BlackRock’s Andrew Swan.
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Chinese reforms and stabilisation more important than growth – BlackRock
As Chinese factories resume production following the Chinese New Year, BlackRock head of China equities Helen Zhu shared her view on the country’s recovery and investment opportunities.
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EM corporate debt a key risk, says SSGA
Slowing EM economies and local currency devaluations are raising the risk of holding corporate debt, particularly China issuance.