Sandra Crowl, member of Carmignac Gestion’s investment strategy committee, examines how structural reforms and liberalisation of the financial markets will keep the limelight on China in 2015.
Tag: Stock Market
China’s MSCI inclusion to drive Hong Kong market
China’s inclusion on the MSCI emerging market indices is a matter of when, not if, and the resulting capital inflows will have substantial impact on Hong Kong’s market, said Helen Zhu, Blackrock’s head of China equities.
Chinese QE – more curse than blessing?
Expectation is mounting that China is planning its own version of quantitative easing and investors weighing up how to play the world’s most populated country may struggle to assess the situation.
Thomas Miller issues China warning
According to Herberts, China’s stock market is exhibiting signs of being in bubble territory as investors flock to get a piece of it. “With China having enjoyed a significant bull run recently, is the bubble about to burst?” he asked. “The Shenzhen and Shanghai markets have more than doubled in a year, and the Shenzhen […]
JP Morgan sees an earnings rebound lifting US equities
Investors should, however, lower their return expectations to single-digits for the S&P 500 index, the firm said. The index has recently been hitting all time highs: “We continue to favour US equities, despite slightly higher valuation levels. The base case for the S&P 500 total return in 2015 is in the single-digit range, which […]
China opens door further by clarifying “beneficial ownership”
The mainland regulator posted an FAQ notice on its website stating that “investors are legally entitled to the rights and benefits of shares acquired through the northbound trading link. “Accordingly, the CSRC Stock Connect Rules have expressly stipulated that, in northbound trading, overseas investors shall hold SSE [Shanghai Stock Exchange] securities through HKSCC and are entitled to […]
Multi-asset is a contender for income needs, says Schroders
Generating income when yields are at historic lows is no longer as simple as investors believe it once was, he said. A typical approach in Asia has been to focus on a split between Asian high-yield bonds and Asian dividend stocks, Pang said. However, the yield on offer is not commensurate with the volatility in […]
Baring sees Stock Connect liquidity as proof of concept
Trading through the Shanghai-Hong Kong Stock Connect surged to its highest level last month since launching in November. In April, market turnover on the Hong Kong Exchange rose to an all-time high of HK$252.4bn ($32.6bn). There has been a lot of talk about north vs south capital movement, but Stevenson believes that has been overstated […]
A-share inclusion in the MSCI could drive foreign capital inflow
“The economy is slowing, but what is interesting is if you look at China’s contribution to global growth, and then you look at China’s weighting in the MSCI World Index, then there is a huge under-representation of China,” Yeung said in an interview with Fund Selector Asia. China has less than 3% representation in the […]
Finding cold stocks in a hot region
AB likes to uncover cheap stocks that are out of favour, according to Stuart Rae, chief investment officer of Asia Pacific ex-Japan equities.
