FidelityConnects

Direct from Hong Kong: 2021 Asia-Pacific market outlook - Catherine Yeung

January 11, 2021

Located in Hong Kong, investment director Catherine Yeung weighs in on opportunities across equity markets in Asia-Pacific in 2021. Catherine notes that China has achieved a strong containment of the COVID-19 virus, year-to-date, and vaccinations there are showing a 75–85% efficacy rate, which, if successful, will be key for future growth in China. Stimulus efforts in China haven’t been as extensive as in other countries, and the government is actually tightening liquidity, because there is so much already in the market. From a fiscal perspective, the Chinese government’s balance sheets show that it has room to provide stimulus if it does decide to go down that path.

Recorded on January 8, 2021.