Rally in China’s A-Shares Has Some Legs to it, Says Stonehorn’s Le Cornu

The transcript discusses the current state of the market, highlighting its volatility and the role of retail investors. It examines the valuation of indices like CSI 300 and Shank com, noting that they are not expensive. The potential for long-term investment in I shares is explored, with a focus on Asia and China, despite concerns about corporate governance. The transcript also analyzes different sectors, noting that while some are experiencing cuts, others like consumer discretion and health care remain strong. The impact of liquidity, driven by record RMB loans, is also discussed.

What is the significance of the China discount mentioned in the text?

What factors are contributing to the liquidity in the market as discussed in the text?