China stocks are having the best showing since 2006


(MENAFN- Asia Times) China's stock markets are booming this year on the back of mainland investors, and there are signs international buyers will join the party, reports Bloomberg.

Recently, overseas funds have been skeptical of mainland markets, pulling US$2 billion from exchange traded funds, says Mark Tinker, head of Axa Framlington in Hong Kong. But he adds that stability and strong corporate fundamentals should restore confidence.

Still, many will probably wait for a healthy selloff. Money manager at Mathews Asia in San Francisco, Sherwood Zhang, reminds us that '[v]olatility is rarely absent from the Chinese stock market.'

The DailyBrief Must-reads from across Asia - directly to your inbox Share Tweet Linkedin Email Asia Unhedged China markets China stocks MSCI China

MENAFN2903201701590000ID1095355151


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.