"We are increasing their holdings of Chinese assets"

According to Bloomberg News website reports on July 24, Citi Bank Group US Wealth Management Company's investment strategy director Sean Sidd said in a podcast program: "We like Chinese assets. In fact, we increased there again.Some of the assets held. We think their economic situation is different from us. After the country's economic activities have bottomed out in May, it has actually begun to rebound. "

Stanard said that it has a lot of views based on a macro background. "We believe that the Chinese economy is getting out of the valley, and we have seen extremely low valuations there."

Snead said that the expectations of the credit pulse to rise are the basis that he believes that the Chinese economy may be improved.He said: "When you see the recovery of credit pulses and the government maintains stimulus measures, the economy usually responds. Therefore, we believe that China's economy will continue to grow. China's economic activities, especially the GDP of domestic production (GDP),It is in the upward trend. "

Source: Reference message

- END -