Abney Associates Increased Share Holdings and Confidence for Chinese Companies

Abney Associates advising investors on positive outlook for bargain good quality share holdings within China as the country hits six-month low. “Chinese shares hit their lowest point in a six-month period last week over concerns of poor economic data and... More

Abney Associates advising investors on positive outlook for bargain good quality share holdings within China as the country hits six-month low. “Chinese shares hit their lowest point in a six-month period last week over concerns of poor economic data and a withdrawal of equity in emerging markets leading way to the world’s second largest economy suffering a liquidity drain of $835 million from stock funds primarily held in Chinese holdings. On a positive note, this gave rise to an increase of bargain priced investment holdings in well-established quality companies within China driven by a constructive macroeconomic and earnings outlook,” said Richard Hunter Director of Private Equity from Abney Associates. Companies are now looking at their future holdings and re-investing within their own corporations buying back shares at the low prices, portrayed as a positive signal that companies despite the downturn in share value have the confidence in their future growth. Last week the Less