Lyndon Chao, Managing Director of Equities and Post Trade at ASIFMA, quoted in Xinhua News (story run in another 8 publications) and Securities Daily.

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“The country’s fundamentals are strong in the long run, and China has been contributing much to global growth, said Lyndon Chao, managing director at the Asia Securities Industry & Financial Markets Association.

Explaining the reasons for investing in renminbi assets, Chao said low correlation with other risky assets can help achieve risk diversification while capturing upside potentials.”

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