StanChart’s Brice Shifting to Focus on China Offshore Shares in 2020

The video discusses the equity market's strong performance in 2019 and the challenges of replicating such gains in 2020. It highlights potential U.S. policy uncertainties and their impact on markets. The analysis covers Hong Kong and China markets, suggesting a focus on China offshore equities due to expected trade deals. Sector allocation strategies emphasize consumer markets, supported by fiscal policies. The video also explores opportunities in Asian high yield bonds, driven by demand for yield and favorable spreads.

What is the expected challenge for equity markets in 2020 compared to 2019?

• Replicating the strong gains of 2019

• Dealing with increased inflation

• Managing higher interest rates

• Facing a global recession

What is the short-term outlook for Hong Kong and China equities?

• Positive due to strong economic data

• Uncertain due to political instability

• Negative due to global equity weakening

• Stable with no significant changes

Why is there a preference for China offshore equities?

• Because of better corporate governance

• Due to expected trade deals

• Because of lower taxes

• Due to higher domestic demand

Which sector is expected to benefit from fiscal stimulus in China?

• Healthcare

• Energy

• Consumer sector

• Technology

What is the focus in the Asian fixed income market?

• High yield bonds

• Municipal bonds

• Investment grade bonds

• Government bonds