China factor missing from Bursa Malaysia

Dr Mahathir at the Bloomberg Asean Business Summit in Bangkok, Thailand, on Friday, June 21, 2019. – Bloomberg

PETALING JAYA: Warming relations between China and Malaysia, along with the resurrection of China-linked projects such as the RM44bil East Coast Rail Link (ECRL) and the RM140bil Bandar Malaysia project, are catalysts that have yet to be factored into the Malaysian stock market.

As these projects inch closer to reality, the Malaysian stock market could see a boost, not just from new money being pumped into the country, but also new growth engines for the economy.