Matthews Asia: China Could Be 2024’s Best Performing Market

Japanese stocks are at multidecade highs, while Chinese stocks are headed in the opposite direction. How should investors navigate these turbulent waters?  
 
In this episode of Exchange Traded Fridays, David Dali, head of portfolio strategy at Matthews Asia, sits down with etf.com senior analyst Sumit Roy and etf.com wealth management editor Jeff Benjamin to discuss the outlook for Asia and why he believes that China could be one of 2024’s best performing stock markets.  

“China has been down 14% per annum over the last three years [and] two-thirds of that has been multiple contraction,” Dali explained. 

Matthews Asia has 30 years of Asia investing experience and $9.3 billion in assets under management. 
 
That experience is something that the firm is leaning on to navigate today’s topsy-turvy investing environment in Asia. 

In his role with the investment team, Dali serves as a macro-thought leader and proxy for portfolio managers, providing portfolio insights and analytics to clients. Prior to joining Matthews in 2015, he was a portfolio strategist for BlackRock with the firm’s Multi-Asset Emerging Markets Allocation Fund. Dali has more than 25 years of investment experience in broad emerging markets, with most of his career spent as a trader and portfolio manager allocating across equity, fixed income, currencies and derivatives within both long-only and long-short strategies. He earned a Bachelor of Science in Commerce from Santa Clara University.