Invest - Chinese Market: AfrAsia / AXYS Launches "China Note"

ACM China Note offers a 100% protection of capital invested if the security is held to maturity, five years. The developers also offer a rate of return based on the annual savings rate AfrAsia Bank plus 1% and a share of up to 33% in any progress made by the Hang Seng China Enterprises Index over the same period. Regarding capital and annual revenue, the amount will be calculated in Mauritian rupees whereas the increase in the Hang Seng Index, the calculation will be in U.S. dollars.

According to a statement issued by AfrAsia Bank and AXYS Capital Management, economic growth in China was 7.9% for the last quarter of 2012 against 7.4% in the previous quarter. The China, according to the promoters, remains the engine of the global economy with attractive investment opportunities over the long term. "After giving our customers the ability to transact business remninbi, AfrAsia Bank offers them today, through the ACM China Note, an investment product different and in partnership with AXYS Capital Management" said James Benoit, CEO AfrAsia.

"We are confident That China is on the right path to continue moving forward from year investment-driven economy to a consumer-driven one, hence Ensuring a continuous rate of economic growth for the years to come, "said Louis Lallia, International Development Manager at AXYS Group. He believes that the values of the Chinese stock market are cheaper and more attractive compared to those in other markets.

" The China market has tremendous growth potential. Its re-emergence as one of the world’s foremost economies has set off an unprecedented pull for investment. With the launch of this note, we reinforce our position as a bank which delivers the right opportunities at the right time to our clients 

"pointed out, moreover, Thierry Vallet, general manager and executive director of AfrAsia Private Bank.

Notice that Hang Seng China Enterprises Index was created 19 years ago. This index, which is listed on the Hong Kong stock market, is based on the performance of Chinese companies on the Hong Kong market.