Outlook favorable for Chinese equities

The outlook for Chinese equities in 2007 is favorable, according to Christian Deseglise, global head...

The outlook for Chinese equities in 2007 is favorable, according to Christian Deseglise, global head of emerging markets business at HSBC Investments. Deseglise believes Chinese valuations are supported by a strong macroeconomic environment and robust earnings growth. “2006 was an exceptional year for China, with the equity market rising 83% in dollar terms for the year, outperforming its BRIC counterparts and nearly all other emerging markets,” he said. “Despite this impressive past performance, China remains attractive going into the New Year. On the economic front, China has recent...