When discussing Asia Pacific markets, it is hard not to talk about China.
And when talking about China right now, it is hard to avoid talking about the Chinese tech scene. While the IA Asia Pacific ex Japan sector has returned 16.9% over the past 12 months, the Chinese tech heavyweights have made that look fairly derisory. Over the same period, Alibaba has delivered an 84% increase, Baidu is up more than 41% and Tencent has returned 74%. Alibaba and Tencent have together added $450bn in market cap value this year alone. Gallery: A day in the life of a Chinese millenial Individually, only Apple has added more in terms of market cap gains globally. ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
