In the fourth quarter, we saw an acceleration of foreign capital inflows along with the return of Chinese capital back into the stock market. This was helped by a combination of further capital market reforms and the easing of tensions in the China-US relationship...
The MSCI China index is now trading at a P/E of 10.2 for 2020 with earnings for this year of over 20%. The on-going trade war explains the difference. The A share factor in the MSCI index doubled from 5% to 10% by end May and this brings the A share weight in the...
The MSCI China index is now trading at a P/E of 10.2 for 2020 with earnings for this year of over 20%. The on-going trade war explains the difference. The A-share factor in the MSCI index doubled from 5% to 10% by end May and this brings the A-share weight in the...
Investors were duly rewarded during the quarter after a sluggish 2018. As investors returned from their Chinese New Year holiday in February, the A-share market’s momentum accelerated and the market was up 15.0% for the month, the largest gain in four years since the...
Since September, lots of economic news was released and it confirms the slower economy, domestic consumption, and export all resulting from previous deleveraging policy. In the past few months, the government has introduced active measures to combat the slower growth...
The quarter ended roughly for China during the last week of September, a further escalation of the trade conflict between China and the US, which resulted in the third imposed 10% tariff on US$ 200 billion worth of Chinese goods took effect. Like any trade war, the...
