HSBC's Van der Linde: Beware of China Bounce

The video discusses the transition from euphoria to crisis in Chinese Internet stocks, highlighting the cautious approach needed due to market overshooting. It examines institutional and retail flows, noting a shift from overweight to underweight positions. The impact of COVID-19 on the aviation sector is also explored, with a focus on recovery challenges and opportunities for regional airlines.

What is the current phase of the Chinese Internet market according to the transcript?

• Stability

• Recovery

• Crisis

• Euphoria

How have institutional investors adjusted their positions in the Chinese market?

• Increased exposure to e-commerce

• Maintained overweight positions

• Shifted focus to technology stocks

• Reduced exposure stepwise

Which sector faced turbulence due to delayed IPOs and regulatory changes?

• E-commerce

• Aviation

• Healthcare

• Education

What challenge is the aviation industry in Asia facing due to the Delta variant?

• Lack of aircraft maintenance

• Shortage of pilots

• Increased demand for flights

• Suspension of flights

Why might Chinese airlines gain market share as travel normalizes?

• They offer lower prices

• They have maintained domestic operations

• They have better safety records

• They have more aircraft