Southern Finance 南方财经全媒体’s Post

Investors focus have turned to equities in the past 2 weeks, given the rally in the market supported by the stimulus measures by the Chinese government. But for a balanced portfolio, you need to have fixed income exposure. The trend of rate cut is non-disputable, only a question of how fast it will be. This provides support to the bond price. Timing is just right for HSVM in launching 2 US Treasury ETFs. We have seen demand from investors on our products. #HangSengInvestment Wilfred Sit #USTreasury

Portfolio Manager Wenchang Ma, CFA, shared her insights on the Chinese equities markets in the Hong Kong Economic Times. She noted that while foreign investors are still in the early stages of adjusting their sentiments, interest in China stocks is on the rise. 🔗 Read the article: https://bit.ly/4fYRATV #ninetyone #china #chinaoutlook #marketoutlook #markets #equities #investment #investing

KINGER Lau, Chief China Equity Strategist at Goldman Sachs, said in a recent interview with us that even with a notable 30% rebound in the Chinese market recently, the current price-to-earnings ratio remains at around 10, indicating further upside. Lau believes that even after the rebound, the valuation of Chinese stocks is still attractive compared to other global markets. This has led toa recent influx of capital back into the Chinese market from the US, Japan, India and other regions. Read:https://lnkd.in/gE7QYiTK

Our latest article shares our view on the 3 major equity markets of US, China, and Japan. To put it simply, we see the differentiating features of the 3 markets as follows: US - as a growth market where momentum remains strong, the reduction of uncertainty with Presidential election with a clear winner expected clears the path for the market to maintain its strong momentum as long as corporate earnings continue to deliver; China - as a value market pending for potential catalysts such as larger than expected policy stimulus or stronger than expected economic recovery to trigger a re-rating — which could take time to realize; Japan - as a value market which is being re-rated due to the effective catalysts of corporate reforms, economic reflation, and relative attractive value compared to other value markets. These 3 major markets display different risk vs return characteristics and again, we advocate investors to adopt a holistic portfolio approach by diversifying their investments across them, possibly via low cost instruments such as broad-based ETFs which offer direct and transparent beta exposure. Hang Seng Investment #etf #hsvm #HangSengInvestment #diversification #hangsengbank

Angela Liu, China CEO of Barclays, told us that Barclays remains invested in the Chinese market, with the number of employees in Barclays Shanghai growing by 30% over the past two years.   In regards to China’s economy, Liu said that the projected GDP growth for China in 2024 is around 5%, which is relatively consistent with the previous year and notably higher than the economic growth rates of other major countries. With the internationalization of CNY and various connectivity mechanisms, Chinese market remains attractive for investment.   Barclays, ranked as the sixth largest investment bank globally and the largest non-US investment bank, amis to bring the best of overseas services to Chinese clients for the future of China's investment banking business. If Chinese clients seek to go public on the London Stock Exchange, Barclays, ranked No.1 in the UK IPO market, is well positioned to provide full support. Read:https://lnkd.in/gHNmAFer

Hong Kong stock market has a big rally last week. Angus Chan, Strategist of UBS, said that the market is mainly benefited from the global capital rotation, and there is room for upward valuation adjustments. However, the continuation of the uptrend depends on the improvement of corporate earnings and economic fundamentals, as well as the direction of the U.S. interest rates, and the market is expected to be more volatile in the short term. #UBS #HK #HongKong #equity

2024H1 China Market Overview on Fixed Income Market has been published. Happy reading! #china #apac #syndicatedloans #fixedincome #bbg

We see that there’s has been steady net inflows into passive fixed income funds in the US in 2022 and 2023 while there’s been net outflows in active fixed income funds in the same period. One reason could be that most passive fixed income funds are benchmarked against investment grade indices which is preferred by investors, another reason could be that a lot of active fixed income funds failed to beat their benchmarks amid a volatile interest rate environment and with a higher management fee. Hang Seng Investment #hsvm #HangSengInvestment #hangsengbank https://lnkd.in/gfBK5Mki

https://lnkd.in/gsWieCmq Insider Moves and the Tale of "Attractive PE": Who Are They Really Working For? Back in 2023, my independent research highlighted how corporate executives of listed companies were buying shares at undervalued rates—opportunities ripe for attention. Yet today, professionals are pitching the market as "attractive PE." Here’s the question: why didn’t they decode these opportunities earlier when the data was clear? Because their narratives are tailored for the elite, not the masses. Like a map drawn only for the privileged, these traditional approaches often keep retail participants in the dark. Think about it—why spotlight opportunities after the market begins to rise? It’s like calling a fire “warm” once the embers are already glowing. Meanwhile, my work in 2023 provided technical analysis on 30 scripts, decoding the patterns others chose to overlook. Retail traders, it’s time to challenge the status quo. Don't wait for the elite-driven narratives to trickle down. Use independent, data-driven tools and strategies to stay ahead. The market belongs to all of us, not just the select few. Disclaimer: This post reflects independent research and does not constitute investment advice. #psx #pakistan #karachi #trading

Research from The Index Standard shows custom indices can help your clients find growth potential while navigating market uncertainty. See how they work and why they’re emerging as a popular alternative. https://ow.ly/aSRT30sGU64