The FSA Spy market buzz – 26 April 2024
Golden mystery, Next big Healthtech thing, Plastic everywhere, The Magnificent Seven wane, Dreary fund presentation hell, Putting The Economist in its place, A touch of Shakespeare and much more.
Qianhai-based First Seafront Fund Management managing director and chief economist Yang Delong believes A-shares are likely to be included this year.
“We expect the [resulting] capital inflows will not be that much. It’s more like a symbolic move for the internationalisation of A-shares.”
Smaller-than-expected inflows may result because the proposal only aims to add 169 mainland stocks in the indices, he noted.
“[An inclusion] would likely benefit large-cap blue-chips. For our funds, we also tend to allocate more toward these stocks,” he continued.
Golden mystery, Next big Healthtech thing, Plastic everywhere, The Magnificent Seven wane, Dreary fund presentation hell, Putting The Economist in its place, A touch of Shakespeare and much more.
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