UBP's Calder Says 'Relatively Positive' on Japan Stocks

The video discusses the valuation of the CSI 300 index, highlighting its low trading multiple despite high growth expectations. It addresses economic challenges in China, such as corporate defaults, policy uncertainty, and currency convertibility issues. The discussion then shifts to Japan, where market valuations have rebounded from lows, and corporate buybacks are at an all-time high, indicating perceived value in shares. The video concludes with a positive outlook on Japan's market despite recent earnings declines.

What factors contribute to the current valuation of the CSI 300?

How does the threat of corporate defaults impact investor sentiment in China?

What are the implications of currency convertibility issues for global investors in China?

Discuss the trends in Japan's market valuations and earnings over the past five years.

What signals are corporates in Japan sending regarding their own shares?