Yu: Certainly, the Covid-19 outbreak has dented the markets. While China’s measures have proven effective in containing the coronavirus, cases outside of China have only just begun and as of this month are worsening. In addition to shortterm disruptions, its long-term impact may be wider reaching — this means fundamentally altering the global industrial chain and the evolution of many trends to come.
(Mar 27): The Chinese term for crisis 危机 (pronounced weiji) is composed of two characters, the first character means danger and the second character means opportunity which lends implications of a turning point. In the same way, even as investors have been spooked by the recent market volatility, they can look to companies with competitive business practices that can better create cash flow and thrive in challenging times, says Yu Xiaobo, investment director and head of China business for Value Partners, who explains why Chinese stocks offer a compelling opportunity at this time.
How do you assess the current epidemic and the volatility in markets?
