Astral Asset Management’s CEO Likes China Consumer, Education Sectors

The video discusses the market outlook amid geopolitical tensions, particularly the trade war between China and the US. Despite market volatility, there was a strong recovery in the first half of 2019, with significant rallies in various stock markets. The video also addresses concerns about the Chinese consumer, highlighting issues like P2P fraud and consumer confidence. However, it emphasizes the importance of essential services and steady employment rates in driving consumer spending, suggesting that as long as disposable income grows, consumption will increase.

What was the market's performance in the first half of 2019 despite geopolitical tensions?

• The market crashed

• The market declined by 11%

• The market remained stagnant

• The market rallied by 11%

What is considered the ultimate driver of share prices and performance?

• Strong business fundamentals

• Market volatility

• Geopolitical tensions

• Macroeconomic events

What has been a recent focus for fund managers regarding the Chinese market?

• Chinese consumers

• Chinese technology sector

• Chinese exports

• Chinese government policies

What is a key factor that influences consumer spending on essentials?

• Geopolitical stability

• Interest rates

• Stock market performance

• Disposable income growth

Which of the following is NOT considered an essential service?

• Education

• Childcare

• Healthcare

• Luxury travel