China’s state-directed buying binge has swollen the size of exchange-traded funds (ETFs) tracking the underlying benchmark CSI 300 Index, vaulting these investment products to the top of the nation’s mutual-fund rankings.This intervention is reflected in the outperformance of the CSI 300 Index, which includes the...
Investors should exercise more caution when it comes to the valuations of Chinese stocks, as corporate earnings growth is set to slow because of Beijing’s pursuit of high-quality economic growth, according to China’s biggest money manager.The base probability of sustainable high-quality growth at companies is...
The best gains in Chinese stocks since the post-pandemic reopening are bolstering investors’ fragile confidence, with some money managers and analysts confident of further upside as they anticipate some policy catalysts.The CSI 300 Index tracking the biggest stocks listed in Shanghai and Shenzhen climbed 9.3...
“China’s recent ‘quant quake’ has revealed systemic financial risks as a series of interconnected events and highlights the perils of crowding and leverage,” according to Fang, a Boston-based manager responsible for China and emerging-market strategies at Man Numeric, a quant investment division at Man Group. 05:39Hong...
An award-winning Chinese quant hedge fund has apologised to markt authorities and investors, after being punished with a trading ban for dumping stocks on local bourses, the first known case since the nation’s market regulator took aim at trading activities that have perpetuated a three-year...
Burned by years of underperformance in Chinese domestic stocks, local investor appetite for overseas equities is running so high that it’s fuelling huge price distortions in funds tracking these assets.Chinese traders are willing to pay as much as 40 per cent more than the value...