JPMorgan's Liu on China Market Outlook

The video discusses the regulatory pressures and economic shifts in China, focusing on the property, tech, gaming, and online education sectors. It explores the reasons for a bullish outlook on Chinese equities, highlighting the influence of the US 10-year yield and dollar index. The impact of regulatory catch-up on various sectors, particularly the Internet sector, is examined. The discussion also covers the new normal for platform companies like Alibaba and Tencent, emphasizing compliance and sustainable growth. Investment strategies under President Xi Jinping are explored, along with the impact of COVID-19 and lockdowns on China's economy. Finally, the risks of ADR delisting and improvements in corporate governance are addressed.

What are the expected growth rates for major Chinese tech companies, and how does this reflect the new normal?

In what ways might local government issues affect the financial landscape in China?

What are the potential consequences of the delisting threat for Chinese companies listed in the US?