Amundi awaits 10% drop in China stocks

Jun 22, 2016

Three events could contribute to a 10% A-share fall in the next six months, says Amundi’s Asia CIO: Brexit, a US rate hike and the US election. If that happens, it would overweight China stocks.

French fund house Amundi would overweight China stocks if they were to fall another 5%-10%, and there are three events that could spark such a drop in the coming six months, argues Anthony Ho, chief investment officer for Asia ex-Japan equities.

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