Partner Insight: Remaining optimistic on emerging markets investmentweek.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentweek.co.uk Daily Mail and Mail on Sunday newspapers.
The year 2023 turned out to be fairly pedestrian in terms of emerging markets' performance. The asset class was weighed down by China, which recorded its third consecutive.
China s growth surprise is not tempting investors | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
China s growth surprise is not tempting investors zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
September data from China offered plenty of welcome surprises, with faster-than-expected growth, falling unemployment and a glimmer of momentum in consumption, but investors are not rushing to buy into the story. China's blue-chip stocks, down nearly 7% this year, compared to a gain of almost 10% for world stocks, were unmoved by the news and fell on Wednesday by another 0.8%. "Just the Q3 growth data today is not yet enough to turn market sentiment around," said Chi Lo, a senior market strategist for Asia-Pacific at BNP Paribas Asset Management in Hong Kong.