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A-Shares To Attract Foreign Inflows In 2023

CHINA PRESS
MNI (BEIJING)

Foreign investment in A-shares is expected to increase significantly in 2023, as investors seek to capture opportunities from China’s recovery and long term fundamentals, according to China Securities News. The paper said the two-way opening of onshore capital markets, the strong upside potential of A-shares, and government growth policies are attracting northbound flows this year. Citing experts, the paper said the yuan could hit 6.5 against the U.S. dollar by year-end, overall returns on the CSI 300 Index could reach 16%, and GDP growth would be above 5%.

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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