China Markets Will Stabilize, But Won’t See Much Upside, Says Kingston Securities’s Wong

The video discusses recent trends in the Hong Kong and Mainland China stock markets, highlighting a significant pullback and predicting stabilization at certain levels. It advises caution in investing in stocks affected by US-China trade tensions and suggests focusing on consumer sectors not related to the trade war. The video also analyzes specific consumer stocks, like Quade show multi, and their valuation, suggesting potential buy opportunities despite high valuations.

What types of stocks does the speaker suggest avoiding in the current market conditions?

What is the speaker's opinion on consumer stocks in relation to the current market trends?