December 14, 2018
Subject | 2019 Investment Outlook Series | Industry views | Institutional | Invesco | Macro views
- We believe Chinese equities represent some of the best structural opportunities across global markets.
- Following the correction in 2018, we believe the risk-reward picture has turned exceptionally favorable.
- We believe corporate fundamentals will remain strong given solid support from the domestic market.
There has been a disconnect between sentiment and fundamentals when it comes to Chinese equities in 2018. Market sentiment has been weak (driven by the changing relationship with the US and moderating growth), while economic fundmentals remained decent. China was on track to deliver its growth target despite moderation, widely known as a result of economic transitioning towards high quality growth.Leave a comment