Country / China


Group Research / April 01, 2019

Photo Credit - AFP

GDP growth, % YoY6.
CPI inflation, % YoY1.
Interest Rates4.354.354.354.354.35
/aics/[Akamai-Origin-Hop] = [2] [Accept] = [text/html,application/xhtml+xml,application/xml;q=0.9,*/*;q=0.8] [User-Agent] = [CCBot/2.0 (] [Connection] = [close] [X-Forwarded-Host] = [] [Host] = [] [Accept-Encoding] = [gzip] [True-Client-IP] = [] [Akamai-Origin-Request] = [1] [Via] = [1.1 (AkamaiGHost), 1.1 (AkamaiGHost)] [X-Akamai-CONFIG-LOG-DETAIL] = [true] [Cache-Control] = [max-age=21600] [X-Forwarded-For] = [,,] [Accept-Language] = [en-US,en;q=0.5] [X-Forwarded-Server] = [] templatedata/article/region/data/en/AIO/012016/19012016_china.xmlaics/regionChinaChina Industry InsightsInsightsIndustryView AllRead Morenotaligned272Accelerated sales growth in residential GFA propelled China residential property sales growth to 14.6%. Investors recommended to accumulate RMB resilient plays.ChinaReal Estate/iwov-resources/aics/images/AICS/AIO/en/092019/190916_insights_thumb_china_property.jpg/aics/templatedata/article/generic/data/en/GR/092019/190916_insights_china_property.xmlChina Property Sector: GFA sales return to positive territorySeptember 16, 2019More opportunities could be made available for China’s infrastructure sector as the Chinese government continues to roll out measures to stability the country’s economic growth.ChinaInfrastructure/iwov-resources/aics/images/AICS/AIO/en/092019/190912_insights_thumb_china_infrastructure.jpg/aics/templatedata/article/generic/data/en/GR/092019/190912_insights_china_infrastructure.xmlChina Infrastructure: Growth acceleration in 2020September 12, 2019Raw material price declines help lift sales growth for appliance makers in China for 2H19. Our top BUY is Midea.ChinaConsumer/iwov-resources/aics/images/AICS/AIO/en/092019/190911_insights_thumb_china_home_appliances.jpg/aics/templatedata/article/generic/data/en/GR/092019/190911_insights_china_home_appliances.xmlChina Home Appliance Sector: Emerging positivesSeptember 11, 2019China Economics InsightsInsightsEconomicsView AllRead Morenotaligned37Chinese credit spreads have widened amidst growth risks and worsening profitability. A coming wall of maturities is likely to pose rollover concerns and mark High Noon for distressed Chinese credit.ChinaRates/iwov-resources/aics/images/AICS/AIO/en/092019/190917_insights_thumb_credit.jpg/aics/templatedata/article/generic/data/en/GR/092019/190917_insights_credit.xmlHigh Noon for distressed Chinese creditSeptember 17, 2019The reduction was a response to persistent weakening of economic activities. We expect PBoC to lower RRR by another 50-100bps in Q4.ChinaMonetary, Rates/iwov-resources/aics/images/AICS/AIO/en/092019/190909_insights_thumb_china.jpg/aics/templatedata/article/generic/data/en/GR/092019/190909_insights_china.xmlChina: More easing in the pipelineSeptember 09, 2019Coastal provinces are bearing the brunt. Western and northeastern regions experienced a smaller pullback.ChinaTrade/iwov-resources/aics/images/AICS/AIO/en/072019/190731_insights_thumb_understanding_china.jpg/aics/templatedata/article/generic/data/en/GR/072019/190731_insights_understanding_china.xmlUnderstanding China - Uneven impact of trade war on provincesJuly 31, 2019China Economics DailyEconomicsView AllRead Morenotaligned48August’s data reinforces our view that growth will probably weaken more this quarter and increase the likelihood of further policy easing.ChinaGrowth/iwov-resources/aics/images/AICS/AIO/en/092019/190916_insights_thumb_china.jpg/aics/templatedata/article/generic/data/en/GR/092019/190916_insights_china.xmlChina: Weak August data calls for more looseningSeptember 16, 2019Asian currencies remain vulnerable to Chinese financial and growth risks despite stimulus expectations. Further pullback in INR 10Y yields will be shallow ahead of this week's data releases.ChinaFX, Rates/iwov-resources/aics/images/AICS/AIO/en/052019/tue_thumb_macro_strategy.jpg/aics/templatedata/article/generic/data/en/GR/macro_strategy/092019/190910_macro_strategy.xmlBrief stimulus-driven EMFX relief; can RBI keep up with expectations?September 10, 2019Foreign holdings of CNY bonds exceeded the RMB 2tn mark in July. The total number of international investors registered on the Bond Connect scheme has reached 1244 as of end-August.ChinaMonetary, Rates/iwov-resources/aics/images/AICS/AIO/en/092019/190902_economics_thumb_chart_of_the_week.jpg/aics/templatedata/article/generic/data/en/GR/092019/190902_economics_chart_of_the_week.xmlChart of the Week: Foreign demand for CNY bondsSeptember 02, 2019China EquitiesInsightsEquitiesView AllRead Morenotaligned41Volatile market conditions prompt for cautious guidance from company management as civil unrest continues to plague Hong Kong society.ChinaEquities/iwov-resources/aics/images/AICS/AIO/en/092019/190903_strategy_thumb_china_monthly_pulse.jpg/aics/templatedata/article/generic/data/en/GR/092019/190903_strategy_china_monthly_pulse.xmlMonthly Market Pulse: Cautiousness prevails amidst trade war escalationSeptember 03, 2019Civil unrest in Hong Kong continue to weight on its economy with expectations for GDP growth to fall to 0% for the year.ChinaEquities/iwov-resources/aics/images/AICS/AIO/en/082019/190815_strategy_thumb_hk_market_strategy.jpg/aics/templatedata/article/generic/data/en/GR/082019/190815_strategy_hk_market_strategy.xmlMarket Strategy: What if HK unrest ends?August 15, 2019Our analysts identified buying opportunities in Hong Kong that leverages on Vietnam’s rising star as a regional economic powerhouse.ChinaEquities/iwov-resources/aics/images/AICS/AIO/en/082019/190812_strategy_thumb_china_market_strategy.jpg/aics/templatedata/article/generic/data/en/GR/082019/190812_strategy_china_market_strategy.xmlMarket Strategy: Beneficiaries of Vietnam’s riseAugust 12, 2019

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