CreditSights' Zeng on China Credit

The video discusses the revival of demand in China's property sector, highlighting differences between top-tier and lower-tier cities. It examines the impact of liquidity and property easing measures, noting challenges in lower-tier cities. The future of China's onshore bond market is explored, with expectations of higher rates and inflation. The performance of China tech dollar bonds is analyzed, driven by optimism around COVID reopening and macro support. Finally, the regulatory environment in the tech sector is discussed, with a focus on data security and anti-monopoly measures.

What is the main factor boosting home buyer sentiment in top-tier cities in China?

• Lower interest rates

• Increased foreign investment

• COVID reopening

• New government policies

What is a significant challenge for developers in lower-tier cities despite aggressive property easing measures?

• Insufficient liquidity support

• Strict environmental regulations

• Lack of skilled labor

• High construction costs

What is expected to happen to China's onshore bond market in the second half of next year?

• Inflation pressure will rise

• Interest rates will decrease

• Bond prices will increase

• Monetary policy will become more dovish

What has been the recent trend in the performance of China Tech dollar bonds?

• They have been performing well

• They have been highly volatile

• They have been declining

• They have remained stable

How is the regulatory environment for China's tech sector expected to change?

• Normalization of regulations

• Increased foreign intervention

• More severe crackdowns

• Complete deregulation