Strategy Note /
Global

Emerging-Frontier Equity Monthly – July: China Tech, Asia's Covid drag down EM

  • EM (down 7%) trails DM (up 2%) as the regulatory hammer in China (35% of EM) slams down on its Tech sector (down 18%)

  • Covid lockdown in un-vaccinated Asia, eg Philippines (down 12%) and Vietnam (down 7%), riots in South Africa (down 1%)

  • Silver linings: US yields still low, OPEC patched up, remittance growth, food inflation softens, Chile rejects communism

Emerging-Frontier Equity Monthly – July: China Tech, Asia's Covid drag down EM
Hasnain Malik
Hasnain Malik

Strategy & Head of Equity Research

Tellimer Research
1 August 2021
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