Lilian Co talks to L’Agefi TV about China

An interview with Lilian Co, portfolio manager for the Strategic China Panda Fund, in which she discusses the prospect of Chinese equities, which she says are “dirt cheap,” in light of the country’s slowing growth. On the subject of China’s rising PMI, she says this is a comfort to the markets as it helps show that the government’s target of stable, sustainable 7.5% growth is attainable. Lilian observes that China is “no longer a macro call,” with factors such as ongoing market reform opening up a wealth of sector-specific opportunities. The interview concludes with a question on the implications of the impending direct link between the Hong Kong and Shanghai stock markets; Lilian says it will bring plenty of scope for arbitrage for foreign investors, as many well established Shanghai-listed brands are trading at very low P/E ratios by international standards.

Video
27 Oct 2014

An interview with Lilian Co, portfolio manager for the Strategic China Panda Fund, in which she discusses the prospect of Chinese equities, which she says are “dirt cheap,” in light of the country’s slowing growth. On the subject of China’s rising PMI, she says this is a comfort to the markets as it helps show that the government’s target of stable, sustainable 7.5% growth is attainable. Lilian observes that China is “no longer a macro call,” with factors such as ongoing market reform opening up a wealth of sector-specific opportunities. The interview concludes with a question on the implications of the impending direct link between the Hong Kong and Shanghai stock markets; Lilian says it will bring plenty of scope for arbitrage for foreign investors, as many well established Shanghai-listed brands are trading at very low P/E ratios by international standards.