A-shares index added to Equity Radar
Head of Equity Strategy
With the inclusion of 233 Chinese A-shares to the MSCI Emerging Markets index, we have made the decision to add the Shanghai Stock Exchange 50 A-Share index to our Equity Radar universe.
This allows you clients access to our model’s views on Chinese A-shares.
The table below shows the top 20 largest Chinese stocks (in market capitalisation terms) out of the 147 Chinese shares in our universe. As you can see under the exchange column, the Chinese stock universe now spans exchanges across New York, Hong Kong, Shanghai, and NASDAQ.
Some of the interesting names that investors get access to with A-shares are: Ping An Insurance, Kweichow Moutai (large brewer), China Merchants Bank, and SAIC Motor.
Longtime readers might wonder why we mention Ping An Insurance as it has been in the model for some time due to its H-shares listing in Hong Kong. The reason is that our code makes a decision whenever we have two stocks in the universe from the same company (such as Google’s dual shares). The decision is to always show the most liquid stock. In the case of Ping An Insurance, the A-shares are more liquid than the H-shares so the model has shifted the stock it shows from Hong Kong to Shanghai.
Quarterly Outlook Q2 2022
Quarterly Outlook Q2 2022: The End Game has arrived
- Shocks from covid and the war in Ukraine have forced the global financial and political world to change, but what will the end game be?
Productivity and innovation have never been more importantAs the world economy hits physical limits and central banks tighten their belts, could equities be facing a 10-15% downside?
The great EUR recovery and the difficulty of trading itIf the terrible fog of war hopefully lifts soon, the conditions are promising for the euro to reprice significantly higher.
Tight commodity markets – turbocharged by war and sanctionsWith supply already tight, commodities keep powering on. But will it last for yet another quarter?
Between a rock and a hard placeGeopolitical concerns will add upward price pressures and fears of slower growth, while volatility will remain elevated.
The Great ErosionInflation is everywhere and central banks try to combat it. But will they get it under control in time?
Australian investing: Six considerations amid triple Rs: rising rates, record inflation and likely recessionWhile global financial markets are struggling in an uncertain world, the commodity-heavy Australian ASX index is poised to keep a positive momentum.
Cybersecurity – the rush to catch up with realityWith the invasion of Ukraine, governments and private companies are rushing to reinforce their cyber defenses.