An increasing intransigence from authorities in Beijing toward private enterprise – and harsh pandemic restrictions – might be keeping some investors away, but the same factors are creating good opportunities in Chinese stocks.
That’s the view of Tribeca fund manager Jun Bei Liu, the Shanghai-born investor who will be presenting her stock pick for the year at this month’s Sohn Hearts & Minds conference in Hobart. At past events, Jun Bei has tipped stocks whose fortunes have been linked to the Chinese economy, particularly the country’s growing middle class – including Treasury Wine, A2 Milk and New York-listed New Oriental Education.
While much has changed in China since her last appearance two years ago, Jun Bei believes a resurgence in spending and travel in the West is an indication of what will happen once Chinese authorities open their country next year.
“Right now, we see some deep value opportunities,” she said in an interview with The Australian.
The views expressed are her own and do not consider the circumstances of any investor.
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