Is it time to go all in Chinese equities? - Peter Garnry, Saxo Bank Head of Equity Strategy. With PMI figures in China hitting an 18-month high, Saxo Bank Head of Equity Strategy Peter Garnry considers whether it is time for investors to be 'all in' on Chinese equities. Garnry notes the FTSE China A50 Index, representing the 50 largest Chinese companies (by A Shares) is the second cheapest equity market in the world behind Russia, and ahead of South Korea, Singapore and Austria. Saxo Bank's modelling also shows a significant divergence in valuation between US equities and Chinese equities, which they believe reflects the relative 'safe harbour' status US indices hold to investors. (VIEW LINK)