BNP Paribas Likes Asia Communication Services, Industrials, Financials

The video discusses the current state of Chinese equities, highlighting a market pause as investors reassess the situation. It explores the impact of policy changes and the sharp rally in major indices. The video also covers emerging markets, with a focus on sectors like communication services, industrials, and financials. Reopening statistics and market indicators are examined, particularly in China. The Korean market's tech sector performance is analyzed, noting the influence of companies like Samsung and SK Hynix. Finally, the video addresses investment positioning and the inventory cycle, emphasizing risk assessment and market strategy.

What recent change in policy has significantly impacted the Chinese equity market?

• Rollback of property market controls

• Increase in interest rates

• Introduction of new COVID-19 measures

• Reduction in export tariffs

Which sectors are currently favored in the Asian emerging markets?

• Healthcare and Real Estate

• Communication Services and Industrials

• Energy and Utilities

• Consumer Goods and Retail

What is a key factor influencing the optimism in emerging markets at the start of the year?

• The direction of the US dollar

• The decline in global trade

• The rise in global oil prices

• The increase in gold reserves

What recent trend has been observed in domestic travel within China?

• A decline in hotel bookings

• An increase in international travel

• Recovery of hotel bookings above pre-pandemic levels

• A decrease in mobility data

How have tech stocks in Korea reacted to recent earnings reports?

• They have shown a strong price reaction despite poor earnings

• They have declined sharply due to poor earnings

• They have increased due to high earnings

• They have remained stable with no significant changes