Join our community of smart investors

Unite and Empiric shrug off Chinese travel restrictions

Even if restrictions persist into the next academic year, long-term international demand growth looks nailed on for student landlords
Unite and Empiric shrug off Chinese travel restrictions
  • Sector share prices slip post-GCP deal
  • Yield compression highlights fundamentals

President Xi Jinping’s failure to attend COP26 this month in person was widely seen as a snub to multilateralism and another sign of Chinese self-isolation. But to China watchers, the no-show came as little surprise. Since Covid-19 first hit, Xi has not left the country, and stringent efforts to contain the virus have meant international travel remains almost impossible for the average Chinese citizen.

While China’s engagement in climate negotiations matters to everyone in the long run, the free movement of its citizens is of particular concern to one listed sector right now, and key to its potential re-rating back to historic levels.

To continue reading...
Join our Community of Smart Investors
  • Independent full-length company analysis
  • Actionable investment ideas and recommendations
  • Expert investment tools and data
  • Stock screens from Algy Hall
Have an account? Sign in