Daiwa Capital’s Kitney Downgraded China, Hong Kong From Neutral to Underweight

The video discusses the importance of understanding market sentiment, particularly fear and greed, in making investment decisions. It explains the strategy of going risk-off in mid-2019 due to anticipated economic slowdown and tax cut effects. The video also covers the reallocation of investments from China and Hong Kong to markets less affected by international trade, such as India and Southeast Asia.

What is the main idea behind being fearful when others are greedy?

• To follow the crowd's behavior

• To capitalize on market opportunities

• To avoid making decisions

• To increase market volatility

Why did the strategy shift to risk-off as of July 2nd?

• Due to a sudden market crash

• In anticipation of a global economic slowdown

• Because of a rise in interest rates

• To increase investment in technology

What is the expected impact of the US-led global economic slowdown?

• Higher tax rates

• Increased international trade

• A delayed effect on equity markets

• Immediate market growth

Which markets were downgraded in the strategic adjustments?

• India and Vietnam

• China and Hong Kong

• The Philippines and Malaysia

• Thailand and Indonesia

Which country was identified as the biggest overweight in the investment strategy?

• China

• Vietnam

• India

• Thailand