China After the Stimulus
In our recent Spotlight on China webinar, we explored key insights on China's market, including recent volatility, significant rallies, and the drivers behind these movements. Andrew examined the impact of government stimulus measures, such as monetary policy shifts and real estate stabilization efforts. Lastly, we discussed the sustainability of the recovery, touching on challenges like weak consumer confidence and geopolitical tensions.
Webcast recorded on 22 October 2024
EPS = Earnings Per Share (EPS) is the amount of annual profit (after tax and all other expenses) attributable to each share in a company. EPS is calculated by dividing profit by the average number of shares on issue.
EV = Electric Vehicle
GEM equity funds = Global Emerging Markets equity funds
P/E = Price-to-Earnings Ratio (P/E Ratio) is a valuation ratio of a company's current share price compared to its per-share earnings.
ROIC = ROIC stands for Return on Invested Capital and is a profitability ratio that aims to measure the percentage return that a company earns on invested capital.
PBOC = People’s Bank of China
SARS = Severe acute respiratory syndrome. Considered the first emerging epidemic of the 21st century, SARS emerged in Asia in February 2003 and spread to more than two dozen countries in North America, South America, Europe, and Asia before being contained.
SOE reform = State-owned enterprise reform
As of 9/30/24, accounts managed by Matthews Asia held positions in Tencent and Alibaba.
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