Bloomberg with remarks from analysts at Blackrock

  • Belinda Boa, BlackRock's head of active investments for Asia Pacific & chief investment officer of emerging markets
  • Andrew Swan, Managing Director, is the Head of Asian Equities for the Fundamental Active Equity division of BlackRock's Active Equity Group

whew …

OK, comments:

  • Blackrock has raised relative exposure to Chinese equities
  • Less bullish on certain steel and petroleum holdings
  • Reallocated back to tech stocks
  • Cautiously optimistic on Aia, Em markets
  • expects a less strong USD
  • risks easing on strong USD, China deleveraging
  • turning constructive on Asian currencies

ps. Speaking of China stocks, Shangahi Compiste down 1.5%+ today

More from Blackrock:

  • do not expect a significant slow down in China
  • Expects more China stimulus