China ETFs are back in play amid a reopening economy, ‘distressed’ valuations and lower inflation than the west China is well underway on the long road to rolling back COVID-19 restrictions and although there are likely more twists to come, a reopening under new leadership spells a shift away from two years of economic slowdown and asset underperformance. The signal that years of lockdown was ending was given on 11 November, when President Xi Jinping and his new Politburo Standing Committee announced 20 guidelines to optimise pandemic measures, including prohibiting excessive lockdowns and relaxing quarantine and PCR testing requirements. Dr Xiaolin Chen (pictured) , head of international at KraneShares , told ETF Stream the new measures amount to a tangible “roadmap”, a sentiment boost for investors and consumers and “the biggest promotion of Chinese capital markets in three years”. “The new leadership is trying to assess domestic and international investors’ key concerns on China and they are beginning to communicate policy changes more proactively,” Chen continued. “Markets have so far reacted well to these developments in recent months.” Leading the charge in recent weeks have been Chinese tech equities, which Chen described as “the best reopening play”, given their […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
