China markets are ‘much cheaper’, but beware the crackdown on overseas trading: Amundi CIO (opens original article in a new tab)
Amundi's CIO remains cautiously optimistic about China's markets despite concerns over the crackdown on capital outflows and its impact on investor sentiment.
- Amundi CIO Vincent Mortier says China markets are 'much cheaper' but warns of negative sentiment due to crackdown on capital outflows
- He notes Chinese savers have not yet invested heavily in equities and foreign investors remain cautious
- Mortier predicts China will produce competitive chips in the future but current crackdown on overseas trading may harm market sentiment
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