ASIAN equity managers have downplayed this week's dip in Chinese stocks, citing the strong fundamentals underpinning the country's economy.
A tumble in the mainland Chinese market last week sent the Hong Kong markets down on the next trading session. However, they recovered the same day and fund managers believe the investment case for the region remains robust. They have also stressed the importance of controlling risk while maintaining exposure to the region by investing in equities listed on the more stable and regulated Hong Kong exchanges. Jorry Noeddaker, an Asian equity manager for New Star, said: “The Chinese economy’s fundamentals remain strong, although we could see a slowdown in the second half of the year. “We ...
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