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HSBC: Expect Second Half Surge for Chinese Economy, Earnings

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HSBC: Expect Second Half Surge for Chinese Economy, Earnings

TheStreet.com Videos 3:03 mins

Despite the recent slowdown, Chinese economic growth will pick up in the second half of 2014, says Benjamin Pedley, HSBC's Hong Kong-based Regional Head of Investment Strategy for Asia. Pedley says worries of an increasingly hawkish Fed's impact on Chinese stocks will likely be offset by BOJ and ECB easing actions. He is bullish on the Chinese technology, food distribution and health care sectors. Finally, Pedley is less concerned about a housing bust because most Chinese own their own homes.

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