Fri, Mar 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

New Chinese leadership offers signs of hope and opportunities

Friday, March 08, 2013

From Komfie Manalo, Opalesque Asia:

Uli Sigg, who currently serves as a member of the advisory board of the China Development Bank and other Chinese entities, believes that the new leadership in China will most likely give an impetus to growth again, offers good investment opportunities but one must continue to be selective.

Sigg, a passionate art collector, spent several years in China and follows the country’s economic reform and contemporary art scene closely. He recently told Sona Blessing on Opalesque Radio, "Infrastructure is always an issue and then social media companies, internet companies are an issue; and then the basics like consumer goods etc. will all benefit from more growth."

Despite the outsized investment cashflows that the latter growth sectors have already attracted, and based on statistics, Sigg said that Chinese consumption, pretty much across the board, remains rather low for most things ranging from daily to luxury goods. He adds, "That this growth can only be exploited provided the purchasing power increases. The government is driving up salaries as a policy, it is also what the West always demanded, is happening in that sense. Purchasing power is growing, particularly in the cities and eventually also in rural China, so there is room to grow."

Asked on whether Chinese real estate was in a bubble, Sigg noted that "it is very difficult to assess. In Beijing and......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He