What is your outlook for A-shares this year
2013 will prove to be an active year for the equity capital markets, both in China and Hong Kong. The continued financial reform is expected to provide more support to the private sector, so the flow of capital will improve.
From a sector point of view, urbanisation will continue to be the dominant investment theme, which will benefit areas including construction, infrastructure, low-income housing, retail, transportation and services. That would be the focus for most investors.
The government has expanded the quota for the QFII qualified foreign institutional investors to increase supply of capital and that should...