The BlackRock offices in New York. The company is the world’s largest money manager and says global investors are likely to add weight to Chinese equities this year. Photo: Reuters

BlackRock likes financials, industrials as China’s growth becomes more sustainable

Lu Wenjie, BlackRock’s China investment strategist, says a lot of financial institutions have cut their exposure to the shadow credit market, meaning the overall financial system has a much cleaner balance sheet

Topic |   Stocks

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The BlackRock offices in New York. The company is the world’s largest money manager and says global investors are likely to add weight to Chinese equities this year. Photo: Reuters
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