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Search resuls for: "Andy Maynard"


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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStimulus in infrastructure and property, not consumer, will be 'much more positive' for ChinaAndy Maynard of China Renaissance thinks that the Chinese market will drift in a "directionless movement" unless the government releases some "really decent numbers" in terms of stimulus measures.
Persons: China Andy Maynard of Organizations: China Andy Maynard of China Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina Renaissance says investors should maintain their weightings in Chinese stocksAndy Maynard, managing director and head of equities at China Renaissance, is "very, very confident that we will perform, but it's just going to be medium term as opposed to short term."
Persons: Andy Maynard, it's Organizations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAny wobble in the U.S. market will affect the Taiwanese market: China RenaissanceAndy Maynard, managing director, head of equities at China Renaissance, says the Taiwanese market will probably "continue to move forward."
Persons: Andy Maynard Organizations: China Locations: U.S, China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors are 'tiptoeing' back into the Chinese market, but more needs to be done: China RenaissanceAndy Maynard, a managing director and head of equities at China Renaissance, says, however, that there needs to be "a lot more policy support" and "a lot more stimulus" for investors to return to China.
Persons: Andy Maynard Organizations: China Locations: China
[1/2] A view of the city skyline, ahead of the annual National People's Congress (NPC), in Shanghai, China February 24, 2022. A global fund manager survey by BofA Securities showed shorting Chinese stocks was the second-most "crowded" trade in June, after going long on big tech. "I can't believe that there is anymore bad news to absorb," said Andy Maynard, head of equities at China Renaissance. Restoring confidence is looking increasingly like a long-term project and investors are positioning for a longer game and a slower rebound. "We are all looking for something a bit more decisive in helping to restore animal spirits, investor confidence and market confidence, and I think that hope may be still at risk of being disappointed."
Persons: Aly, Morgan Stanley, Hong, Dong Chen, Andy Maynard, Morgan, James Liu, Guan Yi, Summer Zhen, Jason Xue, Tom Westbrook, Jacqueline Wong Organizations: National People's Congress, REUTERS, BofA Securities, Pictet Wealth Management, China, Reuters, G Investments, Thomson Locations: Shanghai, China, HONG KONG, Beijing, Asia, Singapore, Hong Kong, Pacific
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors in mainland China need to be 'nimble' with their portfolios, says strategistAndy Maynard of China Renaissance explains why it still prefers Chinese A-shares to H-shares.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. audit team's early departure from Hong Kong is a good sign, strategist saysAndy Maynard of China Renaissance says it's nevertheless unlikely to affect the medium-term outlook for investors.
HONG KONG, Nov 16 (Reuters) - Some of Asia’s largest hedge funds scooped up large stakes in Chinese e-commerce giant Pinduoduo in the third quarter while cutting holdings in its rival JD.com, according to their latest regulatory filings. Pinduoduo, the e-commerce platform known for selling inexpensive goods, in September launched its first overseas site in the United States. JD.com ADRs and Hong Kong shares (9618.HK) fell more than 20% each in the third quarter. As for JD.com, it is a pure domestic play with a higher correlation to overall trends in Chinese markets, analysts say. They also say investors could be moving their holdings in JD.com ADRs to Hong Kong-listed ones to hedge U.S. delisting risks.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRestaurant and tourism plays will benefit from China's reopening theme, says strategistAndy Maynard of China Renaissance says China's reopening from Covid-19 will add to the "positivity of the market," but volatility will continue in the short term.
We like Chinese consumer stocks, says strategist
  + stars: | 2022-10-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe like Chinese consumer stocks, says strategistAndy Maynard of China Renaissance says it still likes "the consumer plays from a medium- to longer-term point of view."
Register now for FREE unlimited access to Reuters.com RegisterChinese stocks trade in the United States as American Depositary Receipts (ADRs) - U.S. securities that represent foreign shares of a foreign company. Every time, there's another wind comes in that nobody could have seen," said Andy Maynard, global head of equities at China Renaissance Securities. U.S. regulators had long disputed China's refusal to grant them full access to company accountants and audit papers, which had threatened their listings. But a deal struck in August has paved the way for audit inspections to begin this month. Register now for FREE unlimited access to Reuters.com RegisterReporting by Summer Zhen; Editing by Tom Westbrook and Ana Nicolaci da CostaOur Standards: The Thomson Reuters Trust Principles.
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