logo
episode-header-image
Oct 2023
18 m

Is China a bargain right now?

Financial Times & Pushkin Industries
About this episode

The CSI 300, which tracks the largest publicly traded companies in China, just fell to pre-pandemic lows, despite aggressive attempts by President Xi Jinping to prop up the market. The drags on equities include slowing growth, a crisis in the property market and notable geopolitical tensions. Today on the show, we try to figure out if this is the beginning of a long-term crisis or a historic buying opportunity. Also, we go long trades by Bill Gross and Bill Ackman and short getting hit by vans. 


For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer


Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on X, formerly Twitter. You can email Ethan at ethan.wu@ft.com.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Up next
Mar 3
Energy prices up, markets down
The US attack on Iran has muddled expectations for the year, especially in energy markets. Today on the show, US energy editor Jamie Smyth joins Katie Martin and Rob Armstrong to talk about Tehran’s counterattacks on US allies including Kuwait, Saudi Arabia and the United Arab Em ... Show More
26m 13s
Feb 26
What the actual tariff?
The Supreme Court just overturned President Donald Trump’s use of the emergency powers provision to impose tariffs. Now importers are suing for refunds, and the president has scrambled to leverage another old law to find a legal way to slow imports. Today on the show, Katie Marti ... Show More
21m 56s
Feb 24
The report that rattled Wall Street
On Monday, a report by Citrini Research appeared to rattle traders on Wall Street. Its thesis was that massive efficiency increases would lead to widespread job losses and a disastrous fall in consumption. Today on the show, Katie Martin and Rob Armstrong discuss the doomsday sce ... Show More
19m 53s
Recommended Episodes
Oct 2021
A Threat to China’s Economy
<p>Every once in a while a company grows so big and messy that governments fear what would happen to the broader economy if it were to fail. In China, Evergrande, a sprawling real estate developer, is that company.</p><p>Evergrande has the distinction of being the world’s most de ... Show More
30m 25s
Aug 2023
Money Clinic introduces Unhedged: China slows down
China’s economy has been growing faster than almost any other for a generation, so a slowdown is unfamiliar territory. Today on the show we look at three indicators — the CPI, exports and property sales — and try to understand why growth in China is finally slowing, and what it m ... Show More
19m 39s
Mar 2022
MM058: Russian default risk recedes & is President Xi in trouble?
<p>In this episode, Piers and I catch up on what has been another busy week in markets where global stocks are on course for their best week since November 2020.</p><br><p>We catch-up on the latest news on Ukraine, where reports midweek suggested Ukraine and Russia have made sign ... Show More
1h 7m
Feb 2024
MM143: Nvidia Earnings, Cocoa Beans and Japanese Relief
<p>In our end-of-week wrap of Global Markets, we discuss:</p><br><p>**Nvidia’s Market Triumph**:</p><p>Nvidia shattered records with the largest single-day market gain in history, adding an astounding $277 billion to its value. This monumental surge propels Nvidia into the ranks ... Show More
40m 20s
Aug 2018
Hard to See Trump's Google Attack Spurring Change
Shira Ovide, Bloomberg Opinion technology columnist, on Trump tweeting that Google rigs its search results to display only negative stories about him. Jim Paulsen, Chief Investment Strategist at The Leuthold Group, on markets, current investment strategy, and why this bull market ... Show More
31m 20s
Dec 2022
Week Ahead: Central bank meetings in Australia and Canada
Send a textA central bank extravaganza lies ahead in the first half of December. The ball will get rolling with the Reserve Bank of Australia and the Bank of Canada next week, both of which are expected to raise interest rates again, albeit at a slower pace. Meanwhile in America, ... Show More
7m 55s