A survey shows that due to the slowdown in China's economic growth, the Asian stock market, which has always performed well in the fourth quarter, may decline in the same period this year.
According to Bloomberg News on Wednesday (October 4), a informal survey released by Bloomberg News showed that six of the 10 interviewed Asian fund managers were predicted. As of December 31 this yearOn the day, the Asian stock market index will fall 5%, which will be the third consecutive year of the index, and the longest continuous decline since the Internet bubble shattered in 2000.The other four predictions will rise by 5%to 15%.
The survey also shows that the slowdown in China's economic growth is considered the biggest risk facing the Asian stock market.Oil prices rise and Japan's profit prospects.
IG ASIA strategist Jun Rong Yeap said that bond yields have risen, the US dollar breaks through the 11th month high, China's economic growth continues to slow, and the energy costs facing Asian oil importing countries have risen, all of which are given to all of them, all of which are given to all of them.The Asian stock market index brings downward pressure.He believes that as long as these unfavorable factors have always existed, the Asian stock market may continue to fall.
China is the largest trading partner of major Asian economies. Sandeep Rao, a quantitative analyst of Leverage Shares, said that the slowdown in China's economic growth will have a significant impact on the Asian market, and the entire regional stock market may be dragged down.
However, not everyone holds such a pessimistic attitude towards the Asian stock market.CMC Markets strategist Tina Teng said that although risks have risen, the Asian stock market still has the potential as the Asian monetary policy position is different from the Western central bank.
