Expect Earnings Growth in China at 5% to 8%, Says SocGen's Benzimra

The video discusses the current state of earnings growth in China, highlighting a consensus estimate of 13-15% growth. It notes that the impact of tariffs and policy changes has not yet been fully realized, suggesting potential downgrades in the future. The discussion also covers market valuations, particularly the CSI 300 and Shanghai Composite, and considers whether these valuations are fair. The video explores investment strategies, including the potential for ETFs and the attractiveness of specific sectors like consumer and banking, given their current valuations and growth prospects.

What is the expected earnings growth range in China according to the transcript?

• Between 3% and 6%

• Between 15% and 20%

• Between 5% and 8%

• Between 10% and 15%

What is the market's current pricing of earnings growth for the CSI 300 index?

• 10% earnings growth

• 0% earnings growth

• 5% earnings growth

• 15% earnings growth

What percentage of earnings cut is the market already discounting?

• 60%

• 40%

• 20%

• 80%

Which sector is mentioned as having lost a significant portion of its value recently?

• Healthcare sector

• Technology sector

• Consumer sector

• Energy sector

What is the current trading valuation of the Shanghai Composite index?

• Around 10 times earnings

• Around 9 times earnings

• Around 11 times earnings

• Around 8 times earnings