Value Partners Group's David Townsend: Unlocking the potential of China's A-share market

For more than two decades, China's domestic stock markets have beckoned foreign investors with the promise of riding the wave of the nation's phenomenal economic expansion.

Yet, the journey has been marked by a divergence between economic growth and stock market returns. Despite China's economy consistently boasting growth rates exceeding 9% annually since Deng Xiaoping's initiation of economic reforms in 1978, returns from the domestic A-share market have lagged, averaging just 4.40% annually according to the MSCI China A Onshore index (data: December 2000 - December 2023). M&G's Fedeli: Taking on the CIO role, 'the big industry disruptor' and global opportunities But changes are occurring that mean investors should adopt a fresh perspective when consid...