featured insights & webinar
Economic policy settings between the United States and China – which have been diverging since the onset of the COVID-19 pandemic – are now on stark display as a result of the recent outcomes of the annual plenary session of the National People’s Congress.
Mar 18, 2021
The great divergence between economic growth in China versus the rest of the Emerging Markets post-COVID-19 has increased the likelihood of a parting of ways between China and EM in asset allocations.
Mar 09, 2021
US sanctions on trade, technology, and financial market access have done little to dampen foreign investor enthusiasm for China. There has been a surge in foreign investment flows, both portfolio and direct, into China over the course of 2020: All of which begs the questions “why” and “how sustainable is this”?
Feb 25, 2021
Little speculative manias are bubbling up to the surface in the US markets. But while financial instability is growing in the United States as a result of aggressive monetary expansion, a collapse in the equities market does not appear imminent given tame inflation and ultra-low rates and yields.
Feb 16, 2021
The only major economy to grow in 2020. China has turned adversity from the COVID-19 pandemic into the best growth performance in the world for 2020.
Jan 27, 2021
According to the United Nation Environment Programme, an inclusive green economy is an alternative to today's dominant economic model, which exacerbates inequalities, encourages waste, triggers resource scarcities, and generates widespread threats to the environment and human health.
Jan 22, 2021
The US Federal Reserve pumps out an endless stream of zero interest rate money to finance the Government’s deficit spending. The handouts make most American workers better off financially during the pandemic than before. Meanwhile, the stock market soars. Not bad for the worst pandemic in 100 years. What can possibly go wrong?
Jan 20, 2021
We see the need to evolve from conventional geography centric or factor-based asset allocation models to sector and megatrend-minded models to capture secular alpha from structural changes.
Jan 13, 2021
The red-hot performers of the past 12 months have been the broad market indices from North Asia – Kospi (44%), CSI 300 (34%), TWSE (30%)
Jan 12, 2021
Where to find growth and position for a fresh start in 2021 as we navigate through COVID recovery and geopolitical tensions? In this webinar, our co-CIO David Lai discussed with our colleague Larry Kwok on key growth markets and growth sectors in Asia, how one could capture such megatrend-driven secular alpha efficiently via Premia strategies, and also some common topics of interest under the recent market environment.
Jan 04, 2021
BY TOPICS
Chart Of the Week
Alex Chu
Chinese new economy stocks, led by battery and semiconductor names, have reclaimed the outperformance against the broader market year-to-date, shrugging off ongoing US-Iran geopolitical noise. This resilience is underpinned by a combination of macroeconomic reflation, structural policy support, and accelerated technological self-reliance. On the macro front, China has officially exited factory deflation after more than three years. This is a critical inflection point: Goldman Sachs research shows that equities perform best when growth stabilizes alongside steadily rising inflation, with a concurrent PPI rate in the 0-4% range generating the highest historical returns across 1- to 12-month horizons. This reflationary tailwind is being amplified by targeted sector developments. In the battery and renewable space, the government summoned 16 leading manufacturers to restrict unchecked capacity expansion and curb price wars. Furthermore, the NDR’s new Order No. 41 raises thresholds for energy storage stations. Together, these moves force the industry to transition from “scale expansion” to “high-quality development”, directly benefiting top-tier power equipment and ESS producers. Simultaneously, the push for semiconductor self-reliance is accelerating. Reports indicate that DeepSeek’s highly anticipated V4 model will run on Huawei AI chips instead of Nvidia GPUs–a massive endorsement of domestic AI infrastructure that sparked a rally in local names like Cambricon. Should this reflationary momentum continue, new economy stocks are positioned to widen their outperformance gap. Investors forced on upstream hardware can capture this through our Premia China STAR50 ETF. For a broader play on this innovative growth story–spanning semiconductors, AI, EVs, and biotech–our Premia CSI Caixin China New Economy ETF offers an optimal, diversified approach.
Apr 20, 2026
