OCBC Bank Is Neutral on Chinese Equities: Menon

The video discusses the current state of Chinese equities and the government's economic measures. Initially optimistic, the outlook has shifted to neutral due to insufficient government action. Historical stimulus packages are reviewed, highlighting the need for more robust measures. Current efforts focus on the property market and consumer confidence, but more direct support to consumers and small enterprises is suggested. The government is urged to increase fiscal spending to stabilize the economy and boost consumer confidence.

What was the initial stance on Chinese equities at the start of the year?

• Overweight

• Neutral

• Negative

• Underweight

What historical event is mentioned as a reference for China's past stimulus measures?

• The Eurozone Crisis

• The Dot-com Bubble

• The Global Financial Crisis of 2008

• The Asian Financial Crisis

Which of the following measures has the Chinese government taken to support the property market?

• Reducing consumer savings

• Restricting home purchases

• Providing support to property developers

• Increasing mortgage rates

What is one potential action discussed to boost consumer confidence in China?

• Increasing taxes

• Increasing import tariffs

• Reducing government spending

• Direct payments to households

Which economies are mentioned as examples for boosting consumer spending through direct payments?

• Middle Eastern economies

• Russia and South Africa

• Japan and Western economies

• India and Brazil