News / Media

Paolo Iurcotta Joins Sky TG24 Business to Discuss China’s Technology Sector, Government Support and Investment Opportunities

Paolo Iurcotta recently joined Sky TG24 Business to discuss the outlook for China’s equity markets, focusing on the following themes:

  • US-China semiconductor rivalry: How restrictions on advanced chips have accelerated the development of China’s domestic technology capabilities, particularly among companies listed on the STAR Market.
  • Government support for equities: Recent purchases of Chinese ETFs by the National Team, with an estimated US$76 billion in inflows across 18 ETFs over the previous month. Paolo compared China's market interventions with similar support measures in Japan and the United States.
  • Investment opportunities: Why diversification could be an important driver of medium-term investment in China, with the technology and internet sectors offering potential opportunities.
  • Upcoming earnings season: Expectations for improving results, particularly among internet companies, following the easing of competition between Meituan, JD.com and Alibaba in food delivery.
  • Key developments to watch: The evolution of US-China relations following the US midterm elections and at the APEC meeting, China's domestic demand outlook, and potential policy announcements at the December Central Economic Work Conference.

This material contains Paolo Iurcotta's opinions. It is provided for informational purposes only and should not be regarded as investment advice or a recommendation of specific securities.