Latest news with #WendyLiu
Yahoo
24-05-2025
- Business
- Yahoo
JPMorgan's Liu on China Markets, Strategy
Wendy Liu, Chief China Equity Strategist at JPMorgan, discusses her outlook for Chinese markets and investment strategy. She speaks with Haslinda Amin on the sidelines of the "JPMorgan Global China Summit". Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
23-05-2025
- Business
- Bloomberg
JPMorgan's Liu on China Markets, Strategy
Wendy Liu, Chief China Equity Strategist at JPMorgan, discusses her outlook for Chinese markets and investment strategy. She speaks with Haslinda Amin on the sidelines of the 'JPMorgan Global China Summit'. (Source: Bloomberg)
RTHK
22-05-2025
- Business
- RTHK
HK stocks end down on weight of US fiscal fears
HK stocks end down on weight of US fiscal fears The Hang Seng index ended the day down 283.47 points, or 1.19 per cent, at 23,544.31. File photo: RTHK Stocks in Hong Kong and mainland China ended lower on Thursday, with gains in banks and miners across the border outpaced by rising investor concerns over the fiscal health of the world's largest economy. The benchmark Hang Seng index ended the day down 283.47 points, or 1.19 per cent, at 23,544.31. The Hang Seng China Enterprises index fell 1.19 per cent to 8,557.64. Investors turned risk averse after sharp declines on Wall Street and a spike in longer-dated US Treasury yields, while US President Donald Trump tried to push his sweeping spending and tax-cut bill through Congress. Across the border, the benchmark Shanghai Composite index was down 0.22 per cent at 3,380.19, while the blue-chip CSI300 index was down 0.06 per cent at 3,913.87. Banks outperformed the market, with the sub-index rising 1 per cent. China's recent decision to lower key rates, including deposit interest rates at major state-owned lenders, was expected to guide smaller lenders with similar moves to alleviate their shrinking interest margin pressure. Meanwhile, mining-related shares climbed, as investors rushed to safe-haven assets, such as gold, following mounting concerns over the US government's growing debt. Western Region Gold rose 2.39 per cent at the midday break. Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.75 per cent, while Japan's Nikkei index closed down 0.84 per cent. Wendy Liu, chief China equity strategist at JP Morgan, said she's optimistic about A-shares, despite expecting their peers in Hong Kong to outperform due to higher valuations. Liu expects the CSI300 index to climb to 4,150 points, or nearly 6 per cent higher than the current level, in the base-case scenario, while hitting 4,420 points as a more positive outcome and 3,800 points in a more bearish case. (Reuters)
South China Morning Post
21-05-2025
- Business
- South China Morning Post
JPMorgan prefers Hong Kong stocks to A shares with 18% best-case upside prospects
Chinese stocks listed in Hong Kong are likely to outperform their yuan-denominated peers on onshore stock exchanges because of valuation advantages and buying support from mainland-based investors, according to JPMorgan Chase. Advertisement Stocks in the Hang Seng Index currently trade at about 11.2 times their earnings, compared with a more expensive 15.2 times for peers in the mainland's benchmark CSI 300 Index, according to Bloomberg data. The Hong Kong stock benchmark has risen 19 per cent this year, while the CSI 300 has stagnated. 'A shares are a bit weaker in terms of corporate earnings and the valuations are also relatively higher than Hong Kong stocks,' Wendy Liu, a China equity strategist at JPMorgan, said at a media briefing in Shanghai on Wednesday. 'Mainland investors also like to buy quality growth stocks in Hong Kong.' Mainland-listed companies suffered a 14 per cent annualised drop in earnings in the fourth quarter, compared with an 11 per cent gain enjoyed by members of the Hang Seng Index, according to data compiled by UBS and Bloomberg. 01:44 China's largest EV battery maker CATL celebrates strong debut at Hong Kong stock market China's largest EV battery maker CATL celebrates strong debut at Hong Kong stock market JPMorgan forecasts the MSCI China Index – the broadest gauge tracking more than 700 Chinese stocks listed at home and abroad – to climb 6.3 per cent by the of the year in base-case scenario, and by as much as 18 per cent in best-case outcome, from its closing level on Tuesday. The CSI 300 Index of onshore blue-chip stocks may advance 6 per cent by December, it added. Advertisement
Bloomberg
07-02-2025
- Business
- Bloomberg
China Thematic Will Outperform, JPMorgan's Liu Says
Wendy Liu, chief China equity strategist at JPMorgan, says she prefers the AI story because of structural growth and innovations. According to Liu, "thematic will outperform because there's so much noise" around US-China tensions. (Source: Bloomberg)
