Fidelity analysts back Chinese companies to thrive post-pandemic

According to survey

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...