LW Asset Management’s Wong Likes China Property Management, Biotech, Cloud Computing Sectors

The video discusses Q3 performance, highlighting market volatility and mid-single-digit returns. It compares China A market's earnings growth with the S&P 500, noting China's attractiveness despite fair value concerns. The Hong Kong market's complexity and domestic sector challenges are explored. The video also addresses the earnings downgrade cycle, suggesting stabilization without a V-shaped rebound. Preferred sectors in China A shares, such as property management, biotech, and cloud computing, are emphasized for their growth potential.

What was the main reason for considering China A as an attractive market in Q3?

• Low market valuation

• Mid single-digit returns

• High volatility management

• Earnings growth potential

What is the current expectation for the domestic sector in the Hong Kong market?

• High growth potential

• Rapid recovery

• Stable performance

• Significant downturn

Which sector is NOT mentioned as a focus in the new economy sectors for China A shares?

• Property management

• Automobile manufacturing

• Biotech

• Cloud computing

Why is Gree Electric Appliances considered a good investment despite a slowdown in white goods sales?

• Focus on domestic consumption and IoT market

• Government subsidies

• High dividend payouts

• Strong international sales

What percentage of the world's cloud computing is contributed by China?

• 30%

• 40%

• 20%

• 10%