Khiem Do brushes aside bubble concerns to back China property

Barings' Khiem Do believes China's property sector presents one of the country's best investment opportunities despite growing concerns of a bubble.

Head of Asia multi-asset Do says although pockets of price bubbles exist in luxury property sectors such as Shanghai, Beijing or Guangdong, a national bubble is unlikely to develop. Instead, Do believes household wealth increases mean people will want to upgrade to bigger properties, which will fuel demand for new homes. He also favours the country’s banks – also the subject of bubble concerns – and the two sectors have become the latest additions to the firm’s range of Hong Kong and China funds. “Chinese households [have only been able to] own their houses on a fully-fledged basis...