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Analysis from International Data Corporation indicates that Transsion's market share in Africa reached 52.5 percent in 2019 while its smartphone market share in the continent has exceeded 40 percent and ranked No 1 by the end of second quarter this year, in spite of the global economic impact of COVID-19, according to Transsion.
Analysts said the wider spread will make yuan-denominated financial assets more attractive for international investors, however, to some extent, it may also indicate liquidity tightening in the market.
Analyst Brian Yarbrough of Edward Jones told the Milwaukee Journal Sentinel that China could represent a growth opportunity.
And theyre off ... - Lexington, KY
Analysts said MSCI's inclusion of STAR-listed firms may come only after they become eligible on the Shanghai-Hong Kong Stock Connect. This is in turn partially dependent on the inclusion of the firms, if without shares listed in Hong Kong, into the SSE 180 Index or SSE 380 Index, which may take place by the end of this year at the earliest.
