JPMorgan Asset Management’s Jiang Likes Chinese Consumer, Healthcare, Tech Stocks

The video discusses the impact of trade risks on China and specific sectors reliant on the US supply chain. It explores strategies for managing portfolio risks by focusing on secular growth opportunities in China. The PBOC's efforts to stabilize the currency and its market implications are analyzed. The vulnerabilities of the tech sector to trade disputes, particularly in smartphones and telco, are highlighted.

What is the primary focus of the strategy to mitigate trade risks in China?

• Expanding into new international markets

• Reducing domestic demand

• Focusing on secular growth opportunities

• Increasing reliance on the US supply chain

How has the PBOC responded to the depreciation of the yuan?

• By allowing the yuan to float freely

• By increasing interest rates

• By setting weaker-than-expected fixings

• By setting stronger-than-expected fixings

What is the market's interpretation of the PBOC's recent actions?

• The PBOC is encouraging further depreciation

• The PBOC is focusing on international trade

• The PBOC is trying to control volatility

• The PBOC is indifferent to the yuan's value

Which sector is particularly vulnerable to current trade disputes?

• Smartphone and telco

• Agriculture

• Automotive

• Textiles

What is the strategy to address vulnerabilities in the tech sector?

• Concentrating on domestically driven technology

• Reducing research and development

• Focusing on international partnerships

• Investing in hardware manufacturing