Is it 1982 in China?

This weekend’s must-read comes from Kopin Tan, who left the US last year as part of Barron’s new push to court the burgeoning stock market investor class in China. His timing could not have been better, it turns out, with a massive bull market in Chinese now underway after years of stagnation. Chinese stocks have made us some money over the few months, but the best may be yet to come if there is truly something structural and secular underway…

Now here’s the scariest part: Economists and strategists suggest that this bull market has just begun, as China begins to open its stock markets to global investors. At 4442, the Shanghai Composite Index still is 27% below its 2007 peak of 6092. This means long-term investors with horizons of more than three years may need to hold their noses and look to pullbacks to build their Chinese portfolios.

“Despite the run-up in equity markets, this is just the beginning,” says Helen Zhu, BlackRock’s head of China equities. “Structural-reform progress, rather than cyclicality in economic growth, has played a large part in driving the strong returns, and by reducing the tail risks that have been associated with China.” Chuck Clough, CEO of Clough Capital Partners in Boston, which manages several funds including one focused on China, agrees. He thinks the Chinese are just starting to buy stocks again for the first time in recent years. “China is at the beginning of a big movement from savings toward stock investing,” he says.

Kopin’s article is this weekend’s must-read. Head over at the link below:

China’s Long Bull Run (Barron’s)


This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here:

Please see disclosures here.

What's been said:

Discussions found on the web
  1. bitcoin era review 2020 commented on Sep 30

    … [Trackback]

    […] Read More Information here to that Topic: […]

  2. sign in tangerine commented on Nov 26

    … [Trackback]

    […] Info to that Topic: […]

  3. 메이저놀이터 commented on Dec 16

    … [Trackback]

    […] There you will find 78249 more Information on that Topic: […]

  4. nằm mơ thấy bướm commented on Dec 22

    … [Trackback]

    […] Find More Information here on that Topic: […]

  5. Sub-Zero BI-48SID/S/TH manuals commented on Jan 20

    … [Trackback]

    […] Here you will find 95342 additional Information on that Topic: […]

  6. cibc online banking commented on Jan 26

    … [Trackback]

    […] Read More to that Topic: […]

  7. dadu online commented on Jan 27

    … [Trackback]

    […] There you will find 16967 additional Info to that Topic: […]