Instos outpace retail investors on China sentiment

China/sentiment/retail-investors/institutional-investors/

19 May 2021
| By Laura Dew |
image
image
expand image

Retail investors are feeling less optimistic on the outlook for China than their institutional peers with fewer expecting the stock price of Chinese A-shares to rise in the next year.

According to the Cheung Kong Investor Sentiment Survey which surveyed 2,500 people, some 61% of retail investors expected A-shares would rise which was down 8.1% from the previous period in April 2020.

However, for institutional investors, the number rose by 18.3% from the previous period to 79.9% expecting A-shares to rise.

This was also the case for Hong Kong-listed shares where retail investors were less optimistic than institutional ones, although both sides were positive overall.

Survey respondents were optimistic about the Chinese economy as 61% believed future GDP growth could exceed 5% on the back of successful vaccinations and the recovery seen in the economy in the second half of 2020.

However, they were pessimistic about the impact of the Biden administration in the US and over half of respondents said they believed US-China relations would have long-term negative impact for the country.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

TOP PERFORMING FUNDS