Fidelity analysts back Chinese companies to thrive post-pandemic

According to survey

Mike Sheen
China's strict containment measures will pay off over the year, according to Fidelity

China's strict containment measures will pay off over the year, according to Fidelity

Chinese firms are best placed to survive and thrive when the fallout of the ongoing coronavirus pandemic is eventually contained, a survey of 152 Fidelity International equity and fixed income analysts suggests.

While 87% of the firm's China analysts said they expect the virus to damage profitability - the highest of any region - 85% said any hit on earnings will be contained to the first half of this year...

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