Citi's Raiskin on Opportunities in Asia

The transcript discusses China's significant role in business, with a focus on economic growth and market sentiment. It highlights the cautious approach of investors due to geopolitical and monetary uncertainties. The potential for institutional investment in China and regional alternatives like India and Japan is explored. Opportunities in North Asia, particularly in the IPO market, are noted. The impact of job losses and executive relocations on business operations is also addressed.

What is the projected GDP growth rate for China, and what is expected to drive this growth?

• 6.2% driven by government spending

• 5.0% driven by foreign investment

• 4.5% driven by exports

• 5.7% driven by domestic consumption

Why are investors cautious about increasing their allocation in China?

• Because of geopolitical and US monetary policy uncertainties

• Because of declining corporate profits

• Due to high inflation rates

• Due to lack of market liquidity

What are investors hoping to see from the MPC to reengage in China's markets?

• Stricter financial regulations

• Higher interest rates

• Further market liberalization

• Increased government subsidies

Which regional market has benefited from China's reopening story?

• Vietnam

• Malaysia

• Thailand

• South Korea

What is one of the ongoing opportunities in North Asia related to China's market?

• Reopening of the IPO market

• Increased government intervention

• Reduction in foreign investments

• Decline in domestic consumption

How has the business been affected by job losses and senior staff movements?

• Expansion of physical office spaces

• Greater investment in technology

• Increased focus on manual processes

• Reduction in market presence

Why is Hong Kong considered a strategic hub despite staff movements to Singapore?

• Due to better weather conditions

• Due to lower property prices

• Because of its large trading floor and market opportunities

• Because of its proximity to mainland China