As Chinese assets whipsaw around hopes and fears over the country's path out of the pandemic, big offshore investors are slowly leaving the sidelines as they plot a cautious return to one of the year's worst-performing equity markets.
. It is yet to win investors' full approval, since unpredictable regulation and politics still hang over profitability, and domestic confidence remains fragile.
"We continue to focus on the three key themes which are in line with China’s long-term growth target: technology and innovation, consumption upgrading and industry consolidation," he said. Politics aside, price and the prospect that rate hikes put a lid on U.S. equities next year has also got money managers starting to weigh up the risk of missing out.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BMW Banks on 2023 X7 to Remain ‘Conquest Machine’The refreshed X7 gets lots of upgrades, but they won’t satisfy the haters who think BMW has sold out to mainstream utilitarianism.
Read more »
These stocks are cheap heading into 2023, and analysts love themCNBC Pro screened the S&P 500 for stocks that are trading at a discount to their historical valuations and are well liked by analysts.
Read more »
Should I file for Social Security in 2022 to get the COLA for 2023?I turn 70 in March 2023. I’ll receive the full 32% increase in Social Security delayed retirement credits. Wouldn’t it be advantageous to me to sign up for my benefit early? Here’s our advice for the reader.
Read more »
SpaceX Dragon cargo spacecraft lands at Chicago museum ahead of exhibitThe twice-flown Dragon is set to go on permanent display in the spring of 2023.
Read more »