'Positive' on China A-Shares, JPMorgan Private's Cheng Says

The video discusses the potential opportunities in Asian brokerages, particularly in the financial sector, due to structural demand and index weightings. It highlights the preference for investing in banks over insurers and brokerages due to their valuation and dividend yield. The video also examines the effectiveness of fiscal measures and lending practices on banking stocks, noting the conservative lending of Chinese banks. Finally, it explores the impact of monetary policy, such as Triple R cuts, on bank earnings and the broader economy.

How does the speaker view the effectiveness of fiscal measures in the current banking environment?

What is the anticipated effect of a 100 basis point cut in Triple R on Chinese banks' earnings?