Fidelity investment director Catherine Yeung explains why Fidelity Asian Values remains overweight to China, despite recent poor performance. China has gone through a tough period since the outbreak of Covid-19, which left the domestic market 'uninvestible' to many, according to Fidelity investment director Catherine Yeung. Over three years, the MSCI China index dropped 19%, while the MSCI ACWI gained 36.5% and the broader MSCI AC Asia ex Japan index rose 11.9%. Unlike others, she remains confident that China will turn around but warned that there is nuance in the market now that investors need to take into account.

https://www.trustnet.com/news/13379066/china-last-year-was-like-the-us-in-2008-says-fidelitys-yeung

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