Co-founder & Managing Director, Marketnomix 

Rajan Govil

Co-founder & Managing Director

Marketnomix 

Macroeconomics

Zhuzhou CRRC Times Electric Co., Ltd. (3898 HK)

<p>Progressively weaker data from China is likely to increase expectations of further depreciation of the RMB, while a continued decline in FX reserves and resulting lower liquidity in the system will add to further stress in the economy.</p><p>China’s data releases of late have broadly continued to trend lower, with slower growth not just seen in industrial production, but also in loan growth as well as fixed asset investment. It is the renewed slowdown in these two data releases after a period of…</p>

Progressively weaker data from China is likely to increase expectations of further depreciation of the RMB, while a continued decline in FX reserves and resulting lower liquidity in the system will add to further stress in the economy.China’s data releases of late have broadly continued to trend lower, with slower growth not just seen in industrial production, but also in loan growth as well as fixed asset investment. It is the renewed slowdown in these two data releases after a period of…

Shanghai Electric Group Company (601727 CH)

Haitong Securities Co Ltd (A) (600837 CH)

China Railway Construction Corp (1186 HK)

China Communications Construction (1800 HK)

Shanghai Pudong Development Bank Co. (600000 CH)

Cssc Offshore & Marine Engg Group (317 HK)

Shanghai International Airport (600009 CH)

Metallurgical Corporation Of China Ltd (601618 CH)

Shanghai Electric Group Company (2727 HK)

Xinjiang Goldwind Science & Technology (2208 HK)

China Tourism Group Duty Free Corp Ltd (601888 CH)

Metallurgical Corporation of China Ltd (1618 HK)

Shenzhen Overseas Chinese (A) (000069 CH)

China Merchants Securities Co Ltd (A) (600999 CH)

China Pacific Insurance (Group) Co., (601601 CH)

Shanghai International Port Group (600018 CH)

Beijing Originwater Technology Co,Ltd. (300070 CH)

China Merchants Securities Co Ltd (H) (6099 HK)

China: Renewed Concerns About Extent of Slowdown