
Under the Banyan Tree – How are Chinese earnings rising as growth slows?
HSBC Global Viewpoint
The Disjunction Between China's Stock Market and the Equity Market
If you look at one widely cited number out of China that we see cited newspapers, for example, is national profit growth. Profit growth overall has actually declined quite significantly because there's still smaller enterprises in China. And so that's where some of the discotomy comes in because really the equity market represents a smaller high quality part of the economy. There the profit dynamics may be different.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.