Ellerston Capital’s Manning Reduced Cash and Added to China and Tech

The video discusses a positive market outlook with a focus on investment strategies in China and the tech sector. The speaker has reduced cash holdings and increased investments in China and tech stocks like Alibaba, JD, and TSMC. The discussion also covers the potential impact of trade deals on markets. Additionally, the speaker evaluates Chinese banks, highlighting ICBC, CCB, and China Merchants Bank as key investment picks due to their compelling valuations and growth prospects.

What was the speaker's approach to managing their portfolio in anticipation of a potential trade deal?

• Reducing investments in China

• Increasing cash reserves

• Focusing solely on technology stocks

• Reducing cash and increasing investments in China

Which sectors did the speaker focus on for investment due to the trade war?

• China and technology

• Healthcare and energy

• Real estate and finance

• Automotive and retail

Which companies did the speaker specifically mention investing in within the technology sector?

• TSMC and Huawei

• Apple and Microsoft

• Samsung and Intel

• TSMC and Alibaba

What is the main reason the speaker invests in Chinese banks like ICBC and CCB?

• High growth potential

• Strong management

• Innovative technology

• Compelling valuation

Why does the speaker favor China Merchants Bank over state-owned banks?

• Higher EPS growth and better management

• Lower risk of default

• More government support

• Lower trading premium