3rd January 2023

Asia

Investors optimistic on China

Chinese equities could see a comeback helped by the easing of COVID-19 restrictionsmore focus on economic growth and a resurgence of the property market.

Although there is uncertainty as COVID deaths are rising, there is also optimism for Asian capital markets to reopen and an increase in deals. From November to mid-December MSCI's China index (.dMICN00000PUS) gained nearly 40%.  

According to BNP Paribas, travel, domestic consumption and tech shares in China can rise further.