Online Companies Benefit From Shelter-In-Place: INCE Capital

The transcript discusses the impact of COVID-19 on various business sectors, highlighting the decline in offline businesses like restaurants and hotels, while online sectors such as education and entertainment thrive. It also covers the recovery of the travel industry in China, with domestic travel resuming and expectations of a spike in travel during holidays. The Chinese bond market is addressed, noting a drop in yields and potential actions by the PBOC to stimulate the economy. The VC industry in China is discussed, emphasizing the availability of liquidity and the integrity of most startups despite some allegations of malpractice.

Which industries in China have been negatively impacted by COVID-19?

• Online education and entertainment

• Technology startups

• Restaurants and hotels

• E-commerce platforms

What has been a positive outcome for companies with a strong online presence during the pandemic?

• Reduction in operational costs

• Growth in user base and traffic

• Increased offline sales

• Decreased user base

What strategy has trip.com employed to boost tourism in China?

• Discounted hotel stays

• Free travel insurance

• Live broadcasting with costumes

• Partnerships with airlines

What recent change has occurred in the Chinese bond market?

• Volatility in 10-year yields

• Decrease in 10-year yields

• Increase in 10-year yields

• Stability in 10-year yields

How has the People's Bank of China responded to the economic situation?

• Maintained interest rates

• Increased interest rates

• Introduced new taxes

• Decreased interest rates

What is the current state of liquidity in the venture capital industry in China?

• Declining rapidly

• Moderate and stable

• Abundant and readily available

• Scarce and difficult to obtain

How are Chinese startups perceived in terms of integrity and innovation?

• Lacking integrity and innovation

• Highly innovative with high integrity

• Struggling with innovation

• Facing widespread fraud