Credit Suisse's Sia on Investing in China, H.K.

The video discusses the current economic sentiment, highlighting power shortages and COVID-19 outbreaks affecting sentiment and earnings. It explores the impact on manufacturing and forecasts potential earnings downturns. The discussion covers investment risks in China, particularly in internet and property sectors, and suggests focusing on consumer companies for long-term gains. The video also highlights a potential consumption slowdown due to power shortages and COVID-19, urging caution in investment strategies.

What factors have contributed to the deterioration of economic sentiment?

• Increased manufacturing activities

• Improved power supply and stable COVID situation

• Positive growth numbers

• Power shortages and COVID outbreaks

How are power shortages expected to affect manufacturing companies?

• Negatively affect by causing pauses or stops

• Increase production

• No impact

• Boost earnings

What is the current market sentiment regarding investment in China?

• Highly optimistic

• Unaware of risks

• Cautious due to regulatory risks

• Indifferent

Which sector is advised to be approached with caution due to recent negative news?

• Consumer goods

• Real estate

• Technology

• Healthcare

What new topic is emerging as a concern due to power shortages and COVID resurgence?

• Rising employment

• Increased exports

• Stable energy prices

• Consumption slowdown