Let the Recovery Begin

MegaTrust Investments December 2022 Report

I am Qi Wang, CEO of MegaTrust Investment (HK), a boutique China fund manager based in Shanghai and Hong Kong. Total 25 years of investment experience in Chinese and global equities. This is my blog for MegaTrust clients and professional investors.

The following is a translation of our Chinese monthly report, written by CIO Charlie Chen and me. The fund performance is removed for compliance reasons.

Key Risks in 2023

• Covid outbreak

• Real estate softening

• Global economic slowdown

• U.S. inflation and rate increase

Key Opportunities in 2023

• A cyclical economic recovery

• China returning to pragmatism

• Consumption, healthcare, Internet and advanced manufacturing

You can also learn more about my views in the latest podcast as part of the China Invest series by David Thomas.