- Recent policy reforms in China following the release of the 14th Five Year Plan have focused on the internet sector and represent the outcome of the latest five-year political cycle.
- We believe reforms, both past and present, represent meaningful tailwinds for key industries including health care, clean technology, 5G, and semiconductors, which are mostly represented by Mainland-listed “A-shares.”.
- Despite the recent fine-tuning of policy, we believe China’s government remains committed to its long-term goal of supporting its broad capital markets, the development of the industries mentioned above, and its internet sector.
For further details see:
Policy Reform Lifts A-Share Market