In today’s briefing:
- China Stimulus: Beneficiaries from a Policy Perspective
China Stimulus: Beneficiaries from a Policy Perspective
- China’s 0.4% GDP growth for 2Q22 is disappointing and worse than market expectation. To revive the economic outlook in 2H22, more policy measures are expected to be put in place.
- Over the last two weeks, policies on expansion of highway network, increase in urbanisation level, support on auto consumption and promotion of sports activities have already been announced.
- We identify China Communications Construction (1800 HK), Haier Smart Home (6690 HK), China East Education (667 HK), Zhongsheng Group (881 HK) and Anta Sports Products (2020 HK) as beneficiaries.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars