Why Billionaire David Tepper Says 'Buy Everything' in China | Investing Opportunities Explained

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중국 경기부양책 이후 중국 주식이 낮은 PER에 거래되어 투자 기회가 크다는 내용. 데이비드 테퍼가 알리바바·BYD·PDD 등에 긍정적이며 중국의 자사주 매입 지원을 주목한다고 소개. 중국 A주·B주·스톡커넥트·ADR 등 중국 주식 투자 방법과 구조를 설명하고, 중국 대형사 규모를 미국 기업과 비교. 방송은 교육 목적의 개요 설명 위주.

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01. I'm here in Shanghai and today we're talking about why billionaire hedge fund manager David temper says it's time to buy everything in China teer recently pointed out that with China's latest round of economic stimulus Chinese stocks are trading at low price to earning ratios creating some amazing opportunities for investors he's bullish on companies like Alibaba BYU and PDD Holdings and he's particularly excited about China's support for stock BuyBacks I'm Dan beach with simple wealth and today I'm in the Shanghai Financial District Lu the Wall Street of China behind me is the Shanghai World Financial Center here and only 11 square miles are over 400 Banks and financial institutions corporate offices for over 70 International Giants and over 5,000 companies somehow related to investing so I was getting the question how would I even make an investment in a Chinese stock first let's talk about stock exchanges in the US we're used to the nysse and NASDAQ in China the two main changes are the ssse Shanghai stock exchange and the SC shinzen Stock Exchange one major difference is the role of government regulation in China where the government often intervenes to guide economic outcomes this creates both opportunities and risks for investors this is what David terer is talking about now when investing in China understanding the different share classes is key particularly a shares and B shares a Shares are stocks of Chinese companies denominated in Yuan these a shares represent the largest and most liquid part of the Chinese stock market often including companies like Alibaba BYU IBC Petrina and Ping On Insurance historically only mainland China investors could access these aares but now there are a couple of mechanisms to facilitate Trading if you're an Institutional Trader 10 billion or more there's a special program called qualified foreign Institutional Investor qfii for most of us we'd be using the stock connect system put in place in 2014 it can be a bit nuanced but think of this as basically routing your trades through Hong Kong first with these a shares trading in the Yuan you're adding an element of currency fluctuation risk B shares on the other hand are traded in foreign currencies US dollars for Shanghai B shares and Hong Kong dollars for Shen Jen be shares these were originally designed to give foreign investors easier access to Chinese markets without dealing with you on the riskier B shares are less liquid than a shares so you could end up in a situation where you want to sell there isn't a buyer in your insur but there's still a viable option for international investors looking for exposure to Chinese companies for us-based investors who want to avoid the complexities of investing directly in China adrs or American depository receipts are another option adrs allow you to buy shares Chinese companies like Alibaba JD or bu do directly on us exchanges you get exposure to Chinese growth as David terer is telling us without having to deal with currency issues or the Chinese markets regulatory framework it's a simpler way to access these companies many of which are smaller in market cap compared to their us counterparts they can still represent key opportunities in fast growing sectors how do these Chinese firms compare with the names we're used to in America in the US we've got massive players like Apple Amazon Microsoft each of these companies has market caps over a trillion these are some of the largest corporations in the world and they dominate Global markets in China the biggest companies are also Giants but tend to be concentrated in Tech Finance and state-owned Enterprises Alibaba is about 241 billion 10 c509 billion the leading four Chinese companies are the Forbes Global 2000 ranking and 2024 are all from the financial sector companies like China mobile and ICBC the Industrial and Commercial Bank of China which are both state-owned dominate in sectors like telecommunications and banking but with market caps closer to 150 to the 300 billion range before I go just some cool comments about architecture there's over a 100 highrises in this financial district but the standouts are Shanghai Tower tallest building in China at 273 ft tall then there's the Shanghai World Financial Center with 101 stories and we can't leave out the Oriental Pearl Tower overlooking the river and the entire city of 25 million people if you're interested in learning more about how to get started or what makes sense for your portfolio follow us for more