🎙️ LIVE NOW: US-China tensions are reshaping global trade. Where does that leave Asia as AI transforms supply chains and economic strategy?Join Bloomberg’s @MyStephanomics, @katrinanicholas, @RosMathieson and @RamseyAlRi for a Live Q&A #NewEconomyForum ⤵️ https://t.co/y2eliWolqM ...

Oklahoma Governor Kevin Stitt said he would be “reluctant” to welcome Chinese-owned business ventures into his state, another indication of how US-China tensions have reverberated across America’s local politics https://t.co/ArzCBoxrIg ...

Geopolitical Impact - US-China tensions are reshaping global trade [1] Technological Transformation - AI transforms supply chains and economic strategy [1] Regional Focus - Asia's position is affected as AI transforms supply chains and economic strategy [1]

General Motors (GM) has instructed several thousand of its suppliers to remove Chinese parts and materials from their supply chains, four people familiar with the matter said, Reuters reported. The mo... ...

Goldman Sachs strategist Si Fu says she "recommends investors think more structurally" about Chinese stock markets, particularly given earnings growth. She also tells Bloomberg Television that US-China tensions "will create some volatility but that's also why we recommend investors to buy the dips." ...

Netflix - Netflix's profit miss is a significant concern, with the stock remaining flat since early May [1][2] - The market acknowledges Netflix's long-term value but questions its growth levers heading into 2026 [2] - Concerns exist regarding margin deterioration, decelerating revenue growth, waning engagement, and the diminishing benefits of password sharing [3] - Potential M&A activity, specifically with Warner Brothers Discovery, is being considered, but a large deal could raise concerns about organic growth [4][5][6] Tesla - Tesla's stock has increased 100% from its April lows and 33% since late May, driven by enthusiasm for autonomous driving and robotics [7] - Vehicle sales are declining amid increasing competition from China [8] - Investors are focused on the future of autonomous robo taxis and the Cybercab ramp-up, seeking more clarity on these initiatives [8] - The market is anticipating the outcome of the "must pay package" drama on November 6 [9] US-China Trade Relations - Increased tariffs on Chinese imports by 100% could impact Tesla's US business and operations in China [9] - The current stock price reflects some discounting related to US-China trade tensions [10] - Tesla's significant presence in China may provide some protection from government actions [10] - De-escalation of US-China trade tensions is viewed as the most likely path forward [11]

Goldman Sachs and Morgan Stanley CEOs are slotted to attend Hong Kong’s annual summit for global finance leaders, just as US-China tensions reignite and a slew of credit losses weigh on global banks https://t.co/oFJkXVLqaW ...

Market Trends - Asian rare earth stocks experienced gains due to escalating US-China tensions [1] - Renewed investor interest in strategic minerals is observed [1]

Investment Rating - The report maintains a positive outlook on the market with a base case index target for MXCN at 67 by the end of 2025, with a preference for sectors such as Energy, IT, and Utilities [36][38]. Core Insights - The report indicates a recovery in the MXCN index, driven by sectors like IT and Healthcare, with expectations of a market reversal by late January 2025 [9][11]. - The report highlights a cautious approach towards Consumer Discretionary and Staples, recommending a rotation into quality laggards and large caps over small and mid-caps [36][38]. - The anticipated GDP growth for China in 2025 is projected at 4.1%, slightly below the consensus of 4.2% [10]. Market & Sector Performance - MXCN sectors performance shows Consumer Discretionary up by 3.2% week-on-week, while Information Technology leads with an 8.3% increase [6]. - The MSCI China index has shown a year-to-date increase of 9.0%, with a notable recovery in sectors impacted by US tariffs [7][12]. Catalyst Calendar - The report outlines key upcoming macroeconomic indicators and sector-specific data releases, including PMIs and housing transactions, which could influence market movements [14]. Consensus Macro Forecasts - The consensus forecasts for China's GDP growth in 2025 are 5.1% for Q1, declining to 3.9% by Q4, indicating a gradual slowdown [16]. Index Targets - The MSCI-China index target for 2025 is set at 71, with a bull case of 80 and a bear case of 70, reflecting a potential upside of 13% from current levels [18]. - The CSI-300 index target for 2025 is projected at 3,787, with a bull case of 4,150, indicating a 10% upside potential [19]. Investment Recommendations - The report recommends overweight positions in Energy, IT, and Utilities, while advising underweight positions in Consumer Discretionary, Materials, and Staples [39]. - A barbell strategy is suggested, focusing on high-yielders and selected thematic plays in Internet and AI sectors [36][38]. Trading Statistics - Recent trading statistics indicate a net outflow of US$796 million from China equities, primarily driven by passive fund outflows, although there has been a positive development with resumed offshore ETF inflows [79][80].