During the first quarter of 2020, the COVID-19 pandemic caused a devastating blow to the Chinese economy and created unprecedented uncertainties for the global economy. Stock markets around the world experienced massive selloffs and unusual volatility.
Yum China holds a leadership position in the Chinese restaurant space when it comes to delivery, mobile order and pay, and loyalty membership. The company is increasingly shifting toward digital and content marketing to expand customer base.
Wei Wei Chua, portfolio manager at Mirae Asset Global Investments, shares his strategy for Chinese stocks including liquor giant Kweichow Moutai Co. and construction machinery makers. He speaks with Tom Mackenzie and Rishaad Salamat on “Bloomberg Markets: Asia.”