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1.Market Observations, 8.Was Sticky

7 Apr 2017 (AFR) – You could do a lot worse than Hong Kong-listed Chinese shares

(7 April 2017, AFR, p29, by The Lex Column)

‘For an economy often said to be on the brink of collapse, China has been doing rather well. This year, the MSCI China index has delivered a return of 14 per cent, twice that of the MSCI All Countries World. Recent data look set to underpin a continuation of the run. Last week, official data showed China’s manufacturing activity grew at its fastest pace since 2012. That good news has fed through to 2016 earnings reports. CLSA, a brokerage, notes that four-fifths of the companies that have reported results have met or beaten forecasts.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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