HK/China Healthcare Analyst (ex-Fosun Pharma)

Xinyao (Criss) Wang

Over 15 years' experience in both finance and healthcare, covering clinic operations, investment and equity research in both China and overseas.

Pre-IPO Sunho Biologics (PHIP Updates) - Some Points Worth the Attention

Pre-IPO Mao Geping Cosmetics - Potential Risks Behind High Gross Margins

Hansoh Pharmaceutical (3692.HK) - Growth Would Remain Strong in 2024, but Ameile Is Facing Headwinds

WuXi AppTec (2359.HK/603259.CH) 2023 Results - Time to Prepare for the Worst

2024 China’s Capital Market Outlook - Santa Claus Is Knocking on the Door

Akeso Biopharma Placement (9926.HK) - Would Investors Be Willing to Take a Gamble?

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Thematic (Sector/Industry)

Hong kong Financials / Thematic (Sector/Industry)

<ul>
<li>When there are not enough assets in the US to "store" the huge amount of dollar liquidity, the dollar reset would begin once the rate hike cycle peaks.</li>
<li>The depreciation of dollar would be inevitable. The US commercial real estate default is drawing near. The climax of the US dollar's troubles could come in 2026 and 2027.</li>
<li>We don’t recommend investors and countries/regions to continue holding all dollar-denominated bonds, but instead switch to commodities and physical assets. We hope that investors can control risks ahead of time.</li>
</ul>


When there are not enough assets in the US to "store" the huge amount of dollar liquidity, the dollar reset would begin once the rate hike cycle peaks.
The depreciation of dollar would be inevitable. The US commercial real estate default is drawing near. The climax of the US dollar's troubles could come in 2026 and 2027.
We don’t recommend investors and countries/regions to continue holding all dollar-denominated bonds, but instead switch to commodities and physical assets. We hope that investors can control risks ahead of time.


2024 Capital Market Outlook - Seize the Historic Opportunity of the Upcoming Dollar Reset