Foundation Asset Management (HK) 's Liang on China Equities

The transcript discusses value investing, emphasizing quality and free cash flow over mere valuation. It highlights the lack of visibility in current market forecasts, especially in China, drawing parallels with Japan's economic history. The conversation explores investment strategies, noting China's potential in technology and manufacturing despite geopolitical challenges. It also addresses risks in the Chinese market, particularly in real estate and banking, and the impact of government regulations on private sector growth.

What strategies might companies adopt in response to geopolitical considerations?

What are the potential risks associated with investing in leveraged businesses?

How does the concept of 'Moat' apply to private sector companies in China?