Name: Chinese Premier Says Tech Industry Not a Global Threat | The China Show 6/24/2026
Uploaded: 2026-06-24T06:51:28+00:00
Duration: 5998 s

Speakers

Kevin Liu — Chief Offshore China and Overseas Strategist, CICC Research

Mohit Mirpuri — Senior Partner, SGMC Capital

Ni Jun — Chief Manufacturing Officer, CATL

Helen Zhu — Reporter, Bloomberg News

Avril Hong — Reporter, Bloomberg Markets

Summary

The program covers the World Economic Forum in Dalian where Premier Li Qiang delivers a speech emphasizing innovation, domestic demand expansion, and openness. Markets recover cautiously after a sharp tech-led selloff in Korea. Interviews include CICC's Kevin Liu on China/HK market dispersion, SGMC's Mohit Mirpuri on Indonesia's MSCI review and selective recovery, and a CATL executive discussing sodium battery production and AI data center storage demand. NF Trinity's Helen Zhu weighs in on oil prices and potential market rotation.

Premier Li Qiang highlights China's innovation, consumption, and opening-up at WEF Dalian
KOSPI bounces 3% after a 10% plunge, led by Samsung on buyback reports; chip volatility remains extreme
Hang Seng Tech and MSCI China enter bear market, seen as a K-shaped recovery with consumption lagging
CATL's sodium-ion batteries begin volume production, targeting AI data center energy storage demand
MSCI delays Indonesia downgrade review to November; market seen as cheap but needs reform consistency
Indonesia's JCI down 32% in USD, 9x forward earnings, viewed as a selective recovery opportunity
Kevin Liu calls Hang Seng Tech a high-payoff, low-win-ratio setup, advising small option-like positions
Helen Zhu sees potential for oil-driven rotation out of AI if structural supply increases materialize

Ideas

Kevin Liu Chief Offshore China and Overseas Strategist, CICC Research 11:48

HSTech: high payoff, low win ratio

Hang Seng Tech has low valuations but could be a value trap with too much downside risk. The setup is a high payoff ratio but low win ratio, not suitable for tight-benchmark investors. It is better to wait for US yields to come down and China policy to pivot to consumption before committing. For now, treat technology as a long-dated option: cut some exposure to avoid volatility but hold a small position because tech is the key trend and contributes 70% of earnings.

Ni Jun Chief Manufacturing Officer, CATL 31:35

CATL sodium batteries ready for AI storage

CATL has begun volume production of sodium-ion batteries this year and is ramping supply. The dual-track lithium-ion and sodium strategy targets energy storage for AI data centers, where CATL's combined supercapacitor and battery design provides instant power surge and long duration. The company is also ready for production in Hungary pending final government greenlight. This positions CATL to benefit from exploding AI data center power storage demand.

Mohit Mirpuri Senior Partner, SGMC Capital 40:05

Indonesian market cheap; buy selectively

Indonesia has avoided an immediate MSCI downgrade but remains warned. The JCI is down 32% in dollar terms, trading at 9x forward earnings with light positioning and low expectations. These are typically good ingredients for investors. Stay selective, don't be paralyzed by headlines. Quality balance sheets, strong cash flows, export-oriented dollar earners with cash flow yields around 20% and low P/E and P/B offer recovery potential.

This Bloomberg Markets video, published June 24, 2026, features Kevin Liu, Ni Jun, Mohit Mirpuri discussing KWEB, CATL, Jakarta Composite Index. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Kevin Liu, Ni Jun, Mohit Mirpuri · Tickers: KWEB, CATL, Jakarta Composite Index

Chinese Premier Says Tech Industry Not a Global Threat | The China Show 6/24/2026

Summary

Ideas

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