The Asia Eight

Daily must-reads from the world’s most dynamic region

December 31, 2020

1 TOP STORY: 2021 looking good for China bonds

2 ATF BIG PICTURE: China's oil and gas surge

3 ATF TV: New green energy, fintech indexes launched

4 ASIA MARKETS: HSI, CSI300 climb; Tokyo market closed

5 NEWS: China economy ends year on a high

6 NEWS: Asia is in a 'sweet spot' for coming year

7 NEWS: FTSE Russell axes more China names

8 COMMENT: Good riddance to 2020

01 Top Story China bond traders see positive 2021

PBOC reluctance to over-stimulate a growing economy will outweigh concern about defaults in the new year.

02 The ATF Big Picture

03 ATF TV Two new ATF indexes launched

ALLINDEX CEO Christian Kronseder details our new green energy and fintech index launches

04 Asia Markets

HSI climbs 0.3% to 27,231.13, CSI300 adds 1.7% to 3.473.03. Tokyo Stock Market closed

05 China PMI boost

Despite seasonal softness, China's official manufacturing and services PMIs reported strong readings at year-end reinforcing the bounce back from the impact of the pandemic on China’s overall economy

06 Asia 2021 outlook

China to remain in spotlight with focus on healthcare improvements, disruptive technologies and innovation; investment themes include active management, the draw of real assets, ESG investing and treating volatility as an asset class in its own right

07 FTSE wields index axe

London index provider has already excluded eight American-blacklisted companies over alleged military links and more could now follow after Washington clarified its ruling for US investors 

08 Comment

"Miraculously, we have about made it over the year-end finishing line in one piece. Even though US stocks are notching year-end record highs, I suspect everyone is more than happy to slam the door shut on a devastating 2020 and hide it in our deepest memory recesses."

Stephen Innes, Chief Global Market Strategist at Axi