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