Bullish sentiment returning to Chinese equities

CHINA

Managers anticipate recovery in Chinese equity market during second half of year as uncertainty over interest rates and the renminbi gives way to optimism

Managers expect Chinese equities to recover during the second half of the year, as uncertainty over interest rates and the renminbi gives way to more bullish sentiment about the country. China’s equity markets have been weak performers this year, with the Shanghai SE A share index declining 21% year to date, compared to a return of 0.88% for the FTSE All Share. Martin Currie’s James Chong, manager of the recently launched China fund, says so far this year investors have been wary. “China has not been performing well as investors have been worried about whether the Government might ...