Stocks For China’s New Bull Market
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 10 January 2023
⏱️ 23 minutes
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| 0:00.0 | The good news is we've got a bull market. The bad news is it's probably not the one you're |
| 0:10.1 | hoping for. Motley Fool Money starts now. |
| 0:13.6 | I'm Chris Hill joining me today, Motley Fool Senior Analyst, Bill Mann. Thanks for being |
| 0:20.4 | here. Hey Chris, how are you? I'm doing alright because the MSCI Asia Pacific Index |
| 0:27.2 | hit a high today that is more than 20% higher than the low-hit last October, which means it |
| 0:35.0 | is officially in bull market territory. Is it time to start buying China stocks left and |
| 0:42.7 | right? |
| 0:44.5 | Still over the last five, ten and fifteen years dramatically underperforming the United |
| 0:51.4 | States of America. I mean, absolutely, if you have been invested in the United States |
| 0:59.2 | and you have made the choice to not invest anywhere outside of the U.S., you've made a good |
| 1:05.1 | choice so far. But the question I guess you're asking is, now that China is reopening, is |
| 1:13.2 | a bull market, and I? Is it on its way? |
| 1:16.4 | That's the question I'm asking and I'm not alone. I think there are a lot of people who |
| 1:20.3 | are looking at the news coming out of China, the reopening, not just the companies that |
| 1:25.2 | are based there, but U.S. companies, Starbucks, McDonald's, others that are depending on consumers |
| 1:34.1 | in China and thinking to use your phrasing that a bull market is nigh. |
| 1:40.6 | I don't know why we're beating the word nigh to death today, but that's... I guess my first |
| 1:48.6 | question would be, is it really that easy? Would we say in the United States or in Europe |
| 1:55.6 | or anywhere else in the world that opened really in 2022? Is that the way it worked? I |
| 2:02.3 | don't really think it is. So the thing that you have to keep in mind when it comes to China |
| 2:08.0 | is that they are going through a lot of the same things that the growth engines in other |
| 2:17.0 | countries, particularly the United States are going through in a way that's even more concentrated. |
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