Gulf financiers bet on 35% returns from Chinese assets on stimulus expectations

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Other panellists shared his view, including Ethan Chan, chairman of Arte Capital Group, a multi-strategy asset manager headquartered in Hong Kong.“[There are] a lot of opportunities in China, with the tumble after three years from 2021, the valuations have become very attractive, and also with the recent supportive measures by the central government,” he said “We take a very bullish view and see the market has stabilised and has very good potential upside.

So we’re very encouraged by the growth prospects in China and broader Asia.

China’s capital market will grow by 35 per cent next year if aggressive economic stimulus measures come through, but only by single digits without those measures, El Solh said.

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Article Details

Author / Journalist: Salina Li

Category: Business

Markets: Hong KongChinaUnited Arab Emirates

Topics: Growth China Year Summit Stimulus Capital Asia Cent Gulf We’re Measures

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 18:30:07 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 260 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 52 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 24351754

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