Chinese equities are extending their gains following the end of the Lunar New Year holiday. Onshore stocks have gained 9.0% since February 5, outperforming the global benchmark by 7.5 percentage points over this period. Similarly…
While 2024 will see various election risks, global geopolitical uncertainty is driven by the US election and its struggle with Russia, China, and Iran. The stock market can manage local domestic political risk. But it will correct…
Chinese policymakers surprised on Tuesday with greater-than-anticipated easing for the troubled property market. Although the 1-year loan prime rate (LPR) – the benchmark for most household and corporate loans – was…
Our Valentine’s Day report is about two love stories: the infatuation with US tech and China’s infatuation with housing. We describe how these love stories will end, and why Europe could be the winner.
Indian economic data releases delivered a positive signal on Monday. CPI inflation slowed from 5.7% y/y to 5.1% y/y in January – within the Reserve Bank of India’s (RBI) 2-6% target range. Meanwhile, industrial…
The Chinese economy continues to face deflationary pressures, reducing the odds that any intervention-driven rebound in equities will be sustained. In addition, our Geopolitical strategists have argued that US-China relations…
According to BCA Research’s Emerging Markets Strategy service, barring a pullback in global share prices, Korean tech stock prices will likely have more upside this year. The memory chip market will improve in 2024,…
China’s credit data update for January delivered a mixed signal on Friday. The CNY 6.50 trillion increase in aggregate financing beat expectations of CNY 5.60 trillion and marked a significant acceleration from CNY 1.94…
Chinese A-shares will probably begin forming a volatile bottom. The basis is that authorities will likely throw the kitchen sink at the onshore market in an attempt to stabilize share prices. The same is not true for offshore listed…
Thursday’s Chinese CPI and PPI release for January indicates that deflationary pressures continue to dominate the domestic economy. On the consumer side, prices registering the fastest pace of annual decline in 15 years.…