2022.8.29
Focus of Asset Allocation Shifts from Commodity to Equity amid the Structural Recovery of the Chinese Economy from Another Bottom-out
Hong Kong, 29 August 2022 -- The Research Institute of China Chengxin International Credit Rating Co., Ltd. (hereinafter referred to as “the CCXI Research Institute”) recently released a report titled “Focus of Asset Allocation Shifts from Commodity to Equity amid the Structural Recovery of the Chinese Economy from Another Bottom-out: H1 Analysis and H2 Outlook of Macroeconomic Operation and Allocation of Asset Classes. According to the report, the short-term impact inflicted by the COVID-19 flare-ups was mainly felt in the second quarter. Afterwards, the macro economy is expected to have an asymmetric “W-shaped” rebound amid the recovery.