Hints and tips:
...Thomas Gatley, an analyst with Beijing-based consultancy Gavekal Dragonomics, said the committee’s statement was “couched in terms that were so positive that if they don’t deliver over the course of the...
...Christopher Beddor and Thomas Gatley of Gavekal Dragonomics take a similar line in a recent note....
...But more broadly, suggests Thomas Gatley, also of Gavekal, the “main impact of the trade and technology war and its associated tariffs and controls has not been to cut US dependence on Chinese goods, but...
...Thomas Gatley, senior analyst at Gavekal, the China-focused research and consultancy group, said “the National Team diagnosis is pretty plausible, but . . ....
...A separate study of more than 6,000 annual reports from onshore and offshore non-financial Chinese companies by Gavekal China strategist Thomas Gatley underlines the challenges....
...Despite such concerns among mom-and-pop investors, recent data points to robust credit growth and high turnover at mainland stock exchanges — conditions that Thomas Gatley, an analyst with Beijing-based...
...Gatley said a shift of tech IPOs from New York to Hong Kong was never likely to come through as quickly as bankers hoped — though it was probable “over the next couple of years”....
...“Now there won’t be anyone in the room saying, ‘we need to pull back a little bit’,” Gatley said....
...“They’re listing the firms and they’re making them attractive because they have government subsidies or enjoy low taxes,” says Thomas Gatley, an analyst at Gavekal Dragonomics....
...Gatley does a good job, at the very least, of making sense of the rally to date. That the Chinese authorities are looking for a way out of their Covid-19 dilemma is a material change....
...“As tech loses favour, people want other sectors, and most of those sectors are better represented onshore,” said Thomas Gatley, analyst at Gavekal Dragonomics....
...for listings by certain kinds of tech companies, such as those in strategically important areas — particularly semiconductors — could further narrow which listings get approved for Star IPOs, said Thomas Gatley...
...“That’s the bet you’re now making as a foreign investor into China,” Gatley said....
...But while such stimulus measures are helping to manage the property shock, says Thomas Gatley of Gavekal Dragonomics, they do not represent a solution to China’s structural slowdown....
...“One of the consequences of the MeToo situation is that we are probably going to get increased regulation of entertainment,” said Thomas Gatley, a Beijing-based analyst at Gavekal Dragonomics, the research...
...“So much of the oxygen has been sucked out of the room by the regulatory firestorm,” said Thomas Gatley, an analyst at Gavekal Dragonomics in Beijing....
...“There have been tonnes of concerns about access to funding for SMEs this year,” said Thomas Gatley, an analyst at Gavekal Dragonomics....
...Gatley said the reforms would fall into two broad categories: control over information and “common prosperity guidelines”, or ways of “looking after middle-class people both in their role as consumers and...
...“It’s increasingly likely that more delistings are going to happen,” said Thomas Gatley, an analyst at Gavekal Dragonomics....
...The incentives for listing in the US — particularly for companies in sectors such as tech that have been hit hardest by the regulations — are still “very large”, Gatley said....
...Thomas Gatley, an analyst at Gavekal Dragonomics, a research group, said that while the intensity of Beijing’s crackdown could soften as policymakers sought to stabilise markets, there was “no going back...
...Gatley said nerves were building about asset prices in the months ahead, but valuations were far more reasonable than during the lead-up to China’s last stock implosion....
...“The stance will remain adverse”, said Thomas Gatley, an analyst at Gavekal Dragonomics in Beijing....
...“There is a lot of encouragement for firms in strategic sectors — particularly semiconductors — to tap the markets,” said Thomas Gatley, an analyst at Gavekal....
...“Even if we see the conditions they’ve laid out for the next stage of inclusion met, they’re probably going to want to take a little breather,” Mr Gatley said of MSCI....
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