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William Blair Commentary- Asia Game Theater Update: Long Chinese Equities

August 24, 2021
Source: gurufocus.com gurufocus.com
News Snapshot:
We’ve recently updated our Asia game theater, and although these changes partly reflect the recent regulatory crackdown in China, our update was independent of recent Chinese equity market volatility. We believe this volatility has been largely idiosyncratic to Chinese capital markets and has been primarily driven by the country’s domestic agenda and the regulations that come with that. In sum, our Asia game theater remains broadly stable with respect to most objectives and influences. In terms of positioning, we remain long of Chinese equities in aggregate, with fundamental valuation serving as the primary driver for a recent increase in broad-based...
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