Hong Kong Stocks Are Attractive Long-Term: JPMorgan AM’s Goldfeld

The video discusses the resilience of Hong Kong stocks despite economic challenges, highlighting their current valuations and potential attractiveness for long-term investment. It emphasizes the need for economic improvement to boost investor confidence. The video also explores the differentiation between China and Hong Kong listed companies, noting the market's skew towards China-based firms. Additionally, it addresses concerns about the rule of law in Hong Kong, emphasizing its importance for investors and expressing confidence in the region's stability under the 'one country, two systems' framework.

What is the current state of Hong Kong stocks according to the transcript?

• They are highly volatile and risky.

• They are stable and not expected to change.

• They are trading at a cheaper end and attractive in the long term.

• They are overvalued and unattractive.

What is needed for people to regain confidence in buying Hong Kong stocks?

• A decrease in stock prices.

• A cyclical improvement in the economy.

• An increase in foreign investments.

• A change in government policies.

What is the composition of the Hang Seng index as mentioned in the transcript?

• It is equally divided between China-listed and domestic companies.

• It is mostly composed of domestic Hong Kong companies.

• It is heavily skewed towards China-based companies.

• It consists mainly of technology companies.

What recent legal decision in Hong Kong is discussed in the transcript?

• The overturning of the face mask ban by the High Court.

• The implementation of stricter trade regulations.

• The introduction of a new tax law.

• The approval of a new infrastructure project.

What is the general outlook for Hong Kong's stability according to the transcript?

• It is considered stable in the medium term.

• It is expected to become unstable in the short term.

• It is likely to experience political upheaval.

• It is predicted to face severe economic challenges.