EVENTS:   Best Equity Short Ideas Conference Call 12 - Zach Shannon/Corto Capital Advisors & Craig Huber/Huber Research Partners & Thomas Beevers /Forensic Alpha & Ed Steele/Iron Blue Financials & Bill Campbell/Paragon Intel - 12 Nov 25   Will AI Deflate the World? Macro Lessons from Three Industrial Revolutions and China - Manoj Pradhan/Talking Heads Macro - 13 Nov 25     ROADSHOWS: Forest Products Sector Equity and Commodity Research With Expertise in Distressed Debt - Kevin Mason /ERA Research   •   London   12 - 14 Nov 25       Buyside to Buyside Forum and Expert Calls across TMT, Consumer, Healthcare and Fintech - Andrew Peters /Revelare Partners   •   London   17 - 19 Nov 25       Fundamental US Healthcare Short Ideas - Dr Elliot Favus /Favus Institutional Research   •   London   17 - 19 Nov 25      

China's Rebalancing Complete: New Engines Emerge for Global Investors

Horizon Insights

Tue 12 Dec 2023 - 14:00 GMT / 9:00 EST

Summary

Don Ma delved into China's 2024 economy and market outlook, stressing restructuring and rebalancing. He noted tech, oil, petrochemicals, and autos' contributions to Asia's market capitalization, contrasting with losses in power equipment and new energy due to overcapacity. Negative contributors included food, pharmaceuticals, and realistic-related sectors, affected by investment swings. Despite hurdles, sectors like tech and auto showed positive trends. Ma highlighted a shift from processing to original trade, stressing Chinese brands' growing trade surplus. He contrasted real estate challenges with a thriving manufacturing sector and anticipated increased manufacturing loans. The presentation focused on China's resilient manufacturing amid economic challenges, investor behavior shifts, sector performance expectations, and emphasized AI's role in tech's future.

Topics

New Growth Engines
- How will China's GDP sustain growth amidst a downturn in the Real Estate Sector?
- What are the new drivers?
- What is the impact of existing policy support?

Equity Outlook
- What signals would trigger an effective rally / reversal in the market?
- Which funds could be the catalyst for a market rebound?
- What variables are likely to affect the market's investment paradigm in the future?

China Risk Premium
- How do you factor Chinese policy into your macro and equity research?
- What are the similarities between China and Japan in the 90s?
- What cyclical forces are affecting China's Recovery?