Amy Or and Steve Man discuss Zeekr's IPO success and Chinese EV market positioning. Ben Harburg talks about investing in China. Tim Sullivan shares NJ economic growth initiatives. Christina Stembel chats about the floral industry. The podcast covers diverse topics like clean energy, film industry, Mother's Day, and market trends.
Zeekr Intelligent Technology's first day of trading after a big IPO signifies China's significant presence in the US market.
Investing in China through an American perspective provides unique insights for strategic investment decisions.
Deep dives
Market Resilience
The market has shown resilience even with concerns about interest rates. Companies and individuals who have already refinanced their balance sheets are less affected by interest rate changes. There is pent-up cash on the sidelines ready to buy assets at any drop in prices.
Private Equity Opportunities
Private equity presents a compelling opportunity as interest rates impact valuation prices, making purchases more attractive. In a scenario where bank lending is less available and the demise of certain banks, private equity individuals have opportunities to source ownership stakes in private companies. There could be potential for attractive businesses at the right pricing.
Investment Landscape
Private equity is essential in a well-diversified investment portfolio. It offers higher returns historically, but with higher volatility. Considering private equity exposure alongside other asset classes like cash, bonds, and public equities can enhance diversification and long-term investment prospects.
Private Credit and Asset Allocation
Private credit as an asset class can be particularly appealing given the floating rate nature, which offers potential higher returns. A well-structured private credit approach can mitigate risks associated with fixed-rate debt maturities. The focus on short-term floating rate loans can minimize the impact of rising interest rates.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Equity Capital Markets Reporter Amy Or and Bloomberg Intelligence Global Autos Analyst Steve Man discuss the first day of trading for Zeekr Intelligent Technology Holding, the high-end electric car brand, after an expanded initial public offering that’s the biggest US listing by a China-based company since 2021. Ben Harburg, Founder and Portfolio Manager at Core Values Alpha, shares his thoughts on investing in China through an American lens. Tim Sullivan, CEO of the New Jersey Economic Development Authority, talks about initiatives designed to drive economic growth in the Garden State. Christina Stembel, Founder of Farmgirl Flowers, discusses the floral industry ahead of Mother’s Day. And we Drive to the Close with Alan Zafran, Co-CEO at IEQ Capital. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.