Less directional but more relative value opportunities in China

Lyxor
By June 1, 2021 10:14

Less directional but more relative value opportunities in China

Economic data portrays sustainable growth in China, but it’s still unbalanced and plateauing. It remains driven by manufacturing and exports, but consumption lags, and impacts from ongoing authorities’ targeted deleveraging and reforms are starting to show. They are focused on corporate debt, real estate, and corporate-dominant positions in internet and fintech, and more recently on retail access to commodity-linked investment products. While authorities are unlikely to …

Lyxor
By June 1, 2021 10:14

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