Shanghai Selloff Sees $49 Billion Fund Load Up on China Stocks

Unisuper, a pension fund for Australia's academics, is entering the Chinese A-shares market for the first time, seeing it as an opportunity due to the market's 20% drop since January. Despite trade tensions and a weaker yuan, Unisuper is confident, leveraging Black Rock and its in-house team to invest. The yuan's depreciation is viewed as a tailwind, making Chinese stocks more attractive to overseas investors.

What is the primary reason Unisuper sees an opportunity in the Chinese A-shares market?

• The Chinese government is offering incentives.

• Stocks are currently undervalued.

• The market is experiencing rapid growth.

• There is a strong demand for Chinese products.

How is Unisuper accessing the Chinese equities market?

• By investing directly in Chinese startups.

• By collaborating with BlackRock and using their in-house team.

• Through a government-backed investment program.

• Through a partnership with a local Chinese bank.

What is one method Unisuper is using to manage its investments in the Chinese market?

• Investing in real estate.

• Employing a stock connect program.

• Partnering with a Chinese tech company.

• Utilizing a local brokerage firm.

How has the weaker yuan influenced Unisuper's investment decisions?

• It has been a favorable factor encouraging investment.

• It has had no impact on their strategy.

• It has been a deterrent for further investments.

• It has led to a complete withdrawal from the market.

What percentage has the yuan weakened against the dollar in June?

• 3%

• 4%

• 2%

• 1%