HSBC Qianhai Steven Sun on China Equity Strategy

The video discusses the impact of regulatory changes on global investors in China, highlighting the need for higher equity risk premiums. It explores China's shift in focus from services to manufacturing, emphasizing innovation in core technologies. The preference for growth stocks over value stocks is analyzed, with a focus on the hardware sector. Economic growth challenges and policy measures, such as PBOC's actions, are discussed. The video concludes with a focus on sectoral trends, including industrial and consumer staples.

How has the perception of growth stocks changed in the context of recent regulations in China?

What are some of the key drivers behind the growth in the hardware space in Asia?

What are the anticipated effects of the PBOC's recent monetary policy actions on the economy?