Liontrust's head of Asia income Mark Williams highlights five stocks to look out for in the Year of the Pig.
Lanterns will be hung up all over China, and the world, in preparation for Chinese New Year celebrations this week.
As we enter the Year of the Pig, the Shanghai Stock Exchange will be closed for a week, giving Chinese equity investors an opportunity to consider the investment prospects for the year ahead.
For Chinese equities, the previous year was a fairly painful one. During the Year of the Dog, the Shanghai Composite fell over 19%, partly due to an increasingly unstable geopolitical backdrop.
We are more optimistic for the Year of the Pig. The headwinds seen in 2018 should start to soften as US monetary tightening slows down, giving less impetus for further rises in the dollar.
In the Liontrust Asia Income fund, we have a 40% exposure to China and Hong Kong.
The gallery above highlights some of our Chinese stock picks for the Year of the Pig.