Chinese Stocks A Big Brexit Winner So Far – ValueWalk Premium
Strong ETF flows

Chinese Stocks A Big Brexit Winner So Far

In the event of the Fed staying dovish and/or the RMB depreciating further against the USD, Goldman Sachs analysts anticipate that macro flows would stay equity-friendly in the near term. Si Fu and team point out in their August 24 research piece titled "China Musings: The war of liquidity: Who wins, and how to engage?" that MXCN is trading at around mid-cycle levels, and even higher excluding banks.
MSCI China rallied 12% since Brexit vote
Fu and colleagues note that even though the MSCI China . . .

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