Time to Take a Bit of the Gains Off the Table in China, Says Eastspring’s Wong

The video discusses the consolidation in Chinese markets and the potential impact of earnings growth on market trends. It highlights the seasonality effect, with Q1 being weak, and anticipates a pickup in credit growth leading to earnings growth by Q2 or Q3. The discussion includes investment strategies, advising caution with high beta stocks and considering gains. The impact of trade war speculation and dollar strength on markets is analyzed, with a focus on how these factors influence investor behavior. Current market valuations are above historical averages, prompting caution among investors.

What is the significance of credit growth in relation to earnings growth as mentioned in the text?

What concerns do investors have regarding the current market valuations in China?