Of course, China is slowing and will continue to slow in the coming years.However, the "hard landing" will not - says Jordi Visser, head of the fund Weiss Multi-Strategy Advisers ($ 1.4 billion under management) - for AMarkets materials.
The expert believes that the Shenzhen Composite Index will surpass all of its Asian competitors in 3-5 years and become one of the largest in the world.The capitalization of the stock exchange Shenzhen exchange is estimated at 17.6 trillion yuan ($ 2.7 trillion).
The market value of Shanghai index - 23.7 trillion yuan, or $ 4.6 trillion. The problem of congestion in his last inactive state enterprises. Do not expect that these "monsters" with the government will be able to quickly reorganize and be a decent match for multinational corporations of the same scale.
The strength of the Shenzhen index is that it "pulls" a tech start-ups - it just did those points of growth, due to which the index can all beat.