Chinese Equities Are Looking Attractive, Says JPMorgan’s Cheng

The video discusses recent trends in the Chinese market, highlighting a 13% drop in the CSI 300 index and weak transactions. It explores factors influencing market volatility, such as global rotation into cyclicals, policy differences between the US and China, and the need for earnings catalysts. The financial and insurance sectors are identified as potential growth areas due to attractive valuations. The discussion also covers market sentiment, valuation metrics, and the optimistic outlook for Chinese equities compared to global markets.

What factors have contributed to the volatility in Asian markets since mid-February?

How does the earnings season in China compare to that in the US?

What are the expected earnings growth rates for the financial sector in Q4 2020?

What is the current valuation of Chinese banks compared to their earnings growth potential?

What metrics indicate that the Chinese equity market may be attractive compared to other global markets?