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CreditEase: Caution on capital markets and move into alts

CreditEase is urging Chinese high net worth investors to shift into alternative investments as the wealth manager sees no near-term upside potential for the country’s equities. “For A and H share markets, although their valuations are low compared with their historical values, we don’t see up-trend in near term. The structural opportunities do exist for long-term investing, however, the US…

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