Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

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Cross Asset Strategy

<ul><li>In Depth: 'Zero Covid' slams the brakes on China’s electric car industry</li><li>Shanghai’s Covid hospitals struggle to handle patients with other serious illnesses</li><li>Exclusive: China’s ‘Big Four’ banks to start pilot program for retirement savings products</li></ul>

In Depth: 'Zero Covid' slams the brakes on China’s electric car industryShanghai’s Covid hospitals struggle to handle patients with other serious illnessesExclusive: China’s ‘Big Four’ banks to start pilot program for retirement savings products

CX Daily: 'Zero Covid' Slams the Brakes on China’s Electric Car Industry

<ul><li>Shanghai / In Depth: The troubling balancing act facing Shanghai’s ER doctors</li><li>Southeast Asia / Southeast Asian exporters step up as China locks down</li><li>China-France / Xi, Macron discuss Ukraine war in phone conversation</li></ul>

Shanghai / In Depth: The troubling balancing act facing Shanghai’s ER doctorsSoutheast Asia / Southeast Asian exporters step up as China locks downChina-France / Xi, Macron discuss Ukraine war in phone conversation

CX Daily: The Troubling Balancing Act Facing Shanghai’s ER Doctors

<ul><li>Shanghai / Cover Story: The disrupted lifelines of the Shanghai outbreak</li><li>GDP / China’s first-quarter GDP growth beats expectations with 4.8% rise</li><li>Banking / China Merchants Bank president removed from his position</li></ul>

Shanghai / Cover Story: The disrupted lifelines of the Shanghai outbreakGDP / China’s first-quarter GDP growth beats expectations with 4.8% riseBanking / China Merchants Bank president removed from his position

CX Daily: The Disrupted Lifelines of the Shanghai Outbreak

Asset Allocation & Fund Positioning, Copley Fund Research

Steven Holden

Asset Allocation & Fund Positioning

Copley Fund Research

Copley Fund Research provide research and data on asset allocation among Global and Emerging Market equity funds.  The analysis details absolute and relative positioning across countries, sectors and industries together with highly granular data on single stock and single fund allocations.  The data is updated monthly with time series going back to January 2011.

Global Research - Analysis of 165 prominent Global equity funds, combined AUM $335bn
GEM Research - Analysis of 127 prominent global EM equity funds, combined AUM $250bn

Asset Allocation - Global and GEM Equity

Thematic (Sector/Industry)

<ul>
<li>Financials sector allocations continue to move higher.  Average holding weights stand at 18.78%, the highest level since early 2020 and well up from the lows of 15.06% in Sep 2020</li>
<li>Indonesia, Singapore, India and Thailand were responsible for the moves higher, with China &amp; HK not participating in the upturn. </li>
<li>AIA Group Ltd is the most widely held stock.  China Merchants Bank and Bank Central Asia the key overweights. China Construction Bank and ICBC are largely avoided by Asian investors.</li>
</ul>


Financials sector allocations continue to move higher.  Average holding weights stand at 18.78%, the highest level since early 2020 and well up from the lows of 15.06% in Sep 2020
Indonesia, Singapore, India and Thailand were responsible for the moves higher, with China &amp; HK not participating in the upturn. 
AIA Group Ltd is the most widely held stock.  China Merchants Bank and Bank Central Asia the key overweights. China Construction Bank and ICBC are largely avoided by Asian investors.


Asia Ex-Japan:  Financials Recovery Leaves China Behind

<ul>
<li>China’s banks find themselves walking a tightrope amid the deepening economic warfare between Russia and the West.</li>
<li>Chinese institutions are technically able to continue engaging with sanctioned Russian entities under domestic law</li>
<li>Apart from the suspension of some ongoing dollar-denominated transactions, the sanctions have had limited impact on Chinese banks so far</li>
</ul>


China’s banks find themselves walking a tightrope amid the deepening economic warfare between Russia and the West.
Chinese institutions are technically able to continue engaging with sanctioned Russian entities under domestic law
Apart from the suspension of some ongoing dollar-denominated transactions, the sanctions have had limited impact on Chinese banks so far


Sanctions on Russia Sound Alarm for Chinese Banks

China

Industrial and Commercial Bank of China Ltd provides a broad range of personal and corporate commercial banking services all over China.  The Bank's businesses include deposit, loan, credit card, fund underwriting and trust, and foreign currency settlement and trading.

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Ind & Comm Bk Of China (A) (601398 CH)

CX Daily: 'Zero Covid' Slams the Brakes on China’s Electric Car Industry

In Depth: 'Zero Covid' slams the brakes on China’s electric car industry. Shanghai’s Covid hospitals struggle to handle patients with other serious...

Caixin Global

CX Daily: The Troubling Balancing Act Facing Shanghai’s ER Doctors

Shanghai / In Depth: The troubling balancing act facing Shanghai’s ER doctors. Southeast Asia / Southeast Asian exporters step up as China locks down

Caixin Global

CX Daily: The Disrupted Lifelines of the Shanghai Outbreak

Cover Story: The disrupted lifelines of the Shanghai outbreak. China’s first-quarter GDP growth beats expectations with 4.8% rise

Caixin Global

Asia Ex-Japan: Financials Recovery Leaves China Behind

Financials exposure moves higher. Active weights hit their highest level since early 2020. Indonesia, Singapore and India Financials were the...

Steven Holden

Sanctions on Russia Sound Alarm for Chinese Banks

China’s banks find themselves walking a tightrope amid the deepening economic warfare between Russia and the West. Chinese institutions are...

Caixin Global

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