Deeper concerns
The "extreme" inflows of the past three months threaten whether the market rally can continue for the next three months, Bernstein analysts said in a Jan. 27 report. "We believe in the short term, investors need to be more selective while picking China exposure." Bruce Liu, CEO of Esoterica Capital, said in January that while he's been talking with some affluent Chinese about global diversification since 2019, they didn't really start to act until the second half of last year. His firm manages under $50 million in assets.
"This is a strategic decision from their perspective," he said. "Maybe they have enough Chinese assets. It's more important for them to diversify [globally] rather than take advantage of this current, ongoing coming back."The China reopening story isn't just for capital. Now that the borders are open, some in the investing business are even physically coming into the country.
TaylorOgan On that note, spotted my very first BYD driving around Amsterdam this weekend for you TaylorOgan Elandsgracht amsterdamelektrisch Atto3 🇳🇱
How is that even possible with the geopolitical situation as it is