China/ Hong Kong Chinese stocks showed a broad decline in August. The MSCI China Index fell -3.11% (-3.13% in U.S. dollar terms), Hong Kong’s Hang Seng Index declined -1.30% (-1.32% in U.S. dollar terms) and China’s domestic A share index dropped -5.31% (-5.11% in U.S. dollar terms). China’s curren…
China's historical growth drivers have started to plateau, but many untapped industries--particularly in the services sector--are set to take the lead, says Seafarer's Andrew Foster.
Even if the NIH is drastically cut, we don't see a doomsday scenario for these companies, and some of the industry's stronger players are now trading at attractive valuations.