China has been a remarkable growth story and over the long term is expected to maintain its momentum. However, the advent of the Year of the Snake is a good opportunity to remind investors that buying Chinese stocks is no guarantee of impressive returns. Those who had invested in the MSCI China Index at inception would have lost money by the end of last year.
中國的成長速度令人驚歎。長期來看,中國還將維持這種成長勢頭。但蛇年的到來提醒投資者:購買中國股票未必就能獲得豐厚的回報。那些最初投資了模擬MSCI中國指數(MSCI China Index)產品的投資者到去年年底時應該是賠錢的。
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