Shenzhen Stocks to Go From Worst to World's Best, Weiss Says
- China's second-largest equity index is worst performer in 2016
- Visser sees city as best placed for China's economic shift
People walk past Shenzhen Stock Exchange building
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Jordi Visser, head of investments at $1.4 billion U.S. hedge fund Weiss Multi-Strategy Advisers, has a bold prediction for the world’s worst-performing stock market.
Not only does he foresee China’s Shenzhen Composite Index beating most global peers by the end of December, he expects the measure to top all others in the next three to five years. Foreign funds should have unprecedented access to the city’s equities this year when a delayed exchange trading link via Hong Kong opens up.