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INCOME INNOVATION FUND FACTSHEET (May 2024)

The initial euphoria from Beijing’s surprise move to stimulate its depressed property market quickly faded when the market questioned its effectiveness. We continue to observe a lack of confidence amongst consumers and investors alike, demanding Beijing announce a ‘Bazooka-type’ stimulus.

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INCOME INNOVATION FUND FACTSHEET (APR 2024)

April saw a barrage of positive policy headlines from China – ranging from capital market reforms at the regulator level to policy studies on inventory clearing for residential property. We took the opportunity to invest into a handful of new names which saw indiscriminate selling.

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