Reported about 1 year ago
John Lin, the China Stock Investment Manager of UOB Group, will provide an in-depth analysis of the investment prospects in the Chinese market for the second half of 2024. Starting with the policy and economic situation, the focus is on the impact of China's efforts to deleverage and prevent a real estate bubble, leading to a sluggish real estate market and a decline in new home sales by 20% to 30%. Despite geopolitical risks due to the US-China trade tensions, Chinese companies have adapted by establishing factories in countries like Vietnam to mitigate the impact of tariffs, showcasing market resilience amid political uncertainties.
Source: YAHOO