The PBOC surprised financial markets earlier this month by announcing further economic stimulus, they are effectively unleashing up to 1 trillion yuan (over $A200b) into their economy just as things were starting to slowdown. Following its ~14% correction we are now bullish the China facing Hang Seng Index after this supportive move, its recent lack of correlation to US stocks offers an interesting relative performance play which MM has implemented in our MM Global Macro ETF Portfolio : Click here to view
MM is now bullish China facing stocks
