久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Experts: Equities set to rebound from bear grip

By SHI JING in Shanghai | China Daily | Updated: 2022-05-25 09:53
Share
Share - WeChat
Marcos Troyjo

Although the A shares fell on Tuesday, the market will likely recover soon on the back of supportive policies and the country's long-term economic growth momentum, experts from leading international financial institutions said.

On Tuesday, the benchmark Shanghai Composite Index fell 2.41 percent, while the Shenzhen Component Index closed 3.34 percent lower. The Nasdaq-style ChiNext in Shenzhen shed 3.82 percent.

Such volatility was anticipated by Morgan Stanley analysts as the A-share market is, in their words, going through "the bumpy final leg "of a bear market. Investor patience is called for now as market volatility may remain elevated in the short term, they said.

But the short-term fluctuation has not affected Morgan Stanley's preference for A shares, given that a policy easing cycle is said to be forming in China.

Investors should focus on oversold high-quality names and companies with share buyback plans. Exposure to materials and industrial companies, which are likely to be boosted by China's stimulative infrastructure policies, could prove profitable in the medium to long-term, said Laura Wang, chief China equity strategist at Morgan Stanley.

Experts from China International Fund Management Co Ltd, which was jointly set up by Shanghai International Trust & Investment and JP Morgan Asset Management, wrote in a note on Tuesday that downbeat market sentiment has been waning as the latest COVID-19 outbreak is coming under better control and efforts to facilitate production resumption are proceeding in an orderly way.

Liquidity is reasonably ample, so investors should look at sectors like banks, infrastructure, real estate, furniture and home appliances in the second half of the year, market mavens said.

Ethan Wang, head of investment strategy for wealth management at Standard Chartered China, said the A-share market is likely to outperform other markets this year, given the low valuations in China and the stimulative monetary and infrastructure policies slated to be implemented in the near term.

Eugene Qian, chairman of UBS Securities Co Ltd, said investment in China assets is no longer an option but a must, especially for large institutional investors that track the world's major indexes.

The ongoing structural reforms in China put more stress on development quality than on speed, which will translate into a continued economic driving force, said Marcos Troyjo, president of New Development Bank. He was addressing a seminar on Monday at the ongoing World Economic Forum in Davos, Switzerland. China's GDP growth, he said, will likely come in at around 5 percent this year.

Given the unchanged or even heightened level of openness in China, as well as the value that China continues to bring to the global supply chains, the country will remain "one of the top destinations for foreign direct investment for a long time to come", he said.

Agreed Jerry Zhang, CEO of Standard Chartered Bank (China). China's long-term development prospects offer "enormous opportunities", she said.

Based on the conviction that China's high-level opening-up will continue, and given the Regional Comprehensive Economic Partnership agreement that took effect on Jan 1, Standard Chartered Group announced in February it will invest $300 million in its China-related business in the next three years.

Jiang Xueqing contributed to this story.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 最新国产精品好看的国产精品 | 久久亚洲高清观看 | 日韩麻豆 | 久久久久欧美精品网站 | 久久99亚洲精品久久久久网站 | 91色视| 日韩亚洲一区二区三区 | 欧美亚洲一区二区三区四 | 国产精品2020观看久久 | 三级黄色片网站 | 91免费观看视频 | 97久久天天综合色天天综合色 | 九九九九精品视频在线播放 | 久久最新免费视频 | 国产一级在线观看视频 | 亚洲精品一区91 | 日本乱人伦片中文字幕三区 | 久草免费资源 | 久草视频福利在线观看 | 综合欧美日韩一区二区三区 | 亚洲综合伊人色一区 | 影院成人区精品一区二区婷婷丽春院影视 | 成人满18在线观看网站免费 | 精品一区二区久久久久久久网站 | 免费一区二区三区四区五区 | 成人影院欧美大片免费看 | 久久亚洲国产成人影院 | 日韩美香港a一级毛片 | 亚洲欧美男人天堂 | 国厂自拍 | 欧美一区精品 | 国产成人高清亚洲一区91 | 欧洲精品一区二区三区在线观看 | 久久99国产精一区二区三区! | 国产成人精品一区二区 | 久久精品视频亚洲 | 成人影视免费 | 亚洲怡红院在线 | 国产精品福利午夜一级毛片 | 高清午夜看片a福利在线观看琪琪 | 亚洲91精品|