CEB's Lam on Chinese Markets

The video discusses the economic crackdown's impact on the market, highlighting the low likelihood of renewed crackdowns in the current economic environment. It covers the effects of China lockdowns on earnings, noting a potential market rebound due to pent-up demand. The analysis extends to banks and the property market, emphasizing the challenges faced by SOE developers and the potential for market stabilization through government and local government efforts. The discussion suggests a cautious optimism for market recovery, with a focus on liquidity and strategic support.

What are the prospects for SOE developers in the current market conditions?

How does the government plan to stabilize the property market, and what role do local governments play?