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China A-shares are up 10% post Chinese New Year in early February, and China H-shares are up more than 25%
Please find below our latest thoughts on China:
- Just past the halfway stage of the year, returns from China equities have not been spectacular. Offshore markets have at least registered positive returns with the MSCI China Index up 7%, while China A-shares are modestly lower.1
- The overall figures do, however, camouflage the market recovery from the sharp sell-down at the beginning of the year. China A-shares are up 10% post Chinese New Year in early February, and China H-shares are up more than 25%.2
- Looking ahead, for China A-shares in particular, one of the keys to a more sustained market recovery will be getting domestic households back into the stock market.
Tuesday 9th July 2024
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