Goldman Sachs: May See Strong Earnings Rebound in China

The transcript discusses the projected 17% growth in North Asia for 2024, driven by earnings recovery in Korea and Taiwan. It highlights the importance of China's earnings season, with a strong profit growth expected. The discussion shifts to market price targets, emphasizing the role of earnings in achieving these targets. Finally, the focus is on India's market, where cautious optimism is advised due to high valuations and recent price corrections.

What is the expected earnings growth for Korea in 2024?

• Minus 30%

• Plus 60%

• Minus 60%

• Plus 30%

What percentage of companies in China are reporting positive profit warnings?

• 90%

• 60%

• 70%

• 80%

What was the revised earnings growth expectation for China according to the consensus of the Street?

• 14%

• 17%

• 10%

• 20%

Why was there a cautious approach towards the Indian market at the beginning of the year?

• Low demand

• High valuations

• Political instability

• Currency fluctuations

What is the expected upside for the Indian market according to the analysis?

• 10%

• 15%

• 20%

• 25%