A deep dive in China’s sector winners despite health crisis
We recognize a growing number of uncertainties taking a toll on the outlook for the world economy, which in our view did not derail the opportunity set for the Greater China equity market that we highlighted at the end of 2019.
In our previous 2020 outlook report published at the beginning of the year, we outlined how structural growth opportunities in China could become a major winner, including the companies that participate in consumption upgrade, 5G related hardware, e-commerce, private tertiary education and healthcare. Over the past six months, amid the pandemic, the resilience and performance of these sectors have epitomized the case.
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This article has not been reviewed by the Securities and Futures Commission in Hong Kong. Issuer: Value Partners Hong Kong Limited.