Chinese Yuan: Depressed positioning offers re-entry – BNY
Von FXStreet Insights Team
Aktualisiert: 6 Jul 2026
BELIEBTE ARTIKEL
BNY’s Geoff Yu stresses that Chinese equities and Chinese Yuan (CNY) remain heavily under-owned versus APAC (Asia-Pacific) peers, with cross-border holdings at very low levels.
BNY’s Geoff Yu stresses that Chinese equities and Chinese Yuan (CNY) remain heavily under-owned versus APAC (Asia-Pacific) peers, with cross-border holdings at very low levels. While fundamentals are still not compelling, he argues that retail flows, a base in ownership and rising stimulus talk mean that any stabilization in data or credible policy support could trigger a meaningful rebuild in exposure to China.
China de-risked across asset classes
"CNY is also the worst-held APAC currency, yet flows are no longer showing aggressive selling."
"China has effectively been de-risked across equities, FX and fixed income."
"The fundamental case is not yet clean: data, earnings and policy follow-through still need to improve."
"But the positioning setup is becoming more compelling."
"If fundamentals stabilize or credible policy support emerges, even a modest rebuild in exposure to China could create a meaningful re-entry opportunity from very depressed ownership levels."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
Über eine Million Nutzer verlassen sich auf FXStreet für Echtzeit-Marktdaten, Charting-Tools, Experteneinblicke und Forex-News. Der umfassende Wirtschaftskalender und die Bildungs-Webinare helfen Tradern, informiert zu bleiben und fundierte Entscheidungen zu treffen. FXStreet wird von einem Team von rund 60 Fachleuten getragen, verteilt auf den Hauptsitz in Barcelona und verschiedene Regionen weltweit.
Weiterlesen
