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China's Stocks to Benefit From Higher Insurer Quotas, QFIIs, Nomura Says

China’s stocks will benefit from the announcement that insurers will be able to invest up to 25 percent of their assets in A shares and the ability of foreigners to invest up to 10 percent of their QFII quotas in index futures, according to Nomura Holdings Inc.’s equity strategist Sean Darby.

Higher food inflation makes equities a “more appealing asset class” relative to fixed income, Darby wrote in a note to clients. “The recent rise in inflation supports the case for local equities to experience fund flows from deposits,” he wrote.

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