China Equity Outlook 2025 pt.3: Picks and Prospects

An Ideas Compendium

Boxing Day is here, and with Christmas Day behind us, it’s time to turn our attention to the New Year—both conceptually as 2025 approaches and in preparation for the celebrations. The New Year holiday has always been one of my favourites, especially because, in the post-Soviet space, it was (and still is, for those still living there) the primary holiday of the season.

In this tradition, New Year’s is the time for family gatherings and exchanging presents—not Christmas. To add to the uniqueness, Christmas is celebrated later, on January 6th to 7th, following the Eastern Orthodox calendar. It might sound a bit confusing, but it works beautifully within its own rhythm.

With that festive spirit in mind, I thought this would be a great moment to do two things:

1. Provide a clear, actionable outlook for the year ahead, because this is when forward planning really kicks into gear.

2. Extend a festive offer for those who aren’t yet full subscribers to join at a special rate.

In this post, I’ll delve into the particulars of the Chinese market—an area in my viwe rich with opportunity as we head into 2025—and also announce a special festive discount. Starting today, December 26th, and running through to Eastern Orthodox Christmas on January 7th, you can take advantage of this offer to subscribe and join our growing community.

**Important Reminder: Nothing in this Substack is Investment Advice. This information is provided for informational purposes only and does not constitute financial, investment, or other advice. Any examples used are for illustrative purposes only and do not reflect actual recommendations. Please consult a licensed financial advisor or conduct your own research before making any investment decisions. The authors, publishers, and affiliates of this content do not guarantee the accuracy, completeness, or suitability of the information and are not responsible for any losses, damages, or actions taken based on this information. Past performance is not indicative of future results.**

Happy Boxing Day!

A quick note on purpose of this article and how to use it. We envisage it as a reference book. As the market turns, and various themes become the focus of the day, you as teh reader will have a place to refer to to see how best to get exposure. This list is also the “bench” for the Panda portfolio - if the name is not in it yet, it will be eventually, or at the very least its being actively considered.