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EFG expects less regulatory pressure in China in 4Q21

Patrick Chiu and Daisy Li, EFG

China’s government has a clear framework for its regulatory proposals, but because of macro weakness, EFG expects much less regulatory pressure in 4Q21 and recommends that investors “gradually accumulate in 4Q21”. “The whole market is clear about the tightening of regulations, and it’s one of the long-term adjustments the government has planned,” explained Daisy Li, EFG’s China equity fund manager,…

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