Martin Lau: Revisiting the Case for Investing in Chinese Stocks

<p>Our guest this week is Martin Lau. This is his second appearance on <i>The Long View</i>, the first being in August 2021. Lau is a managing partner of FSSA Investment Managers, part of First Sentier Investors. He has been at the firm since 2002 and is the lead fund manager of various FSSA strategies, including FSSA Asian Equity Plus, FSSA China Growth, and FSSA Hong Kong Growth. Lau has been in the investment business for nearly three decades and is based in Hong Kong. He earned a Bachelor of Arts degree from Cambridge University, a master’s degree in engineering from Cambridge, and holds the Chartered Financial Analyst® designation.</p><p>Background</p><p><a href="https://citywire.com/asia/manager/martin-lau/d4360" target="_blank">Bio</a></p><p><a href="https://www.firstsentierinvestors.com/content/dam/cfsgam/fssa/team-profile/FSSA_Team_Profile.pdf">FSSA Investment Managers</a></p><p>“<a href="https://www.morningstar.com/funds/martin-lau-now-is-better-time-buy-china">Martin Lau: Now Is a Better Time to Buy China</a>,” <i>The Long View</i> podcast, Morningstar.com, Aug. 3, 2021.</p><p><a href="https://lt.morningstar.com/1c6qh1t6k9/snapshotresearchpdf/default.aspx?LanguageId=en-GB&SecurityToken=F0000008FS%5D99%5D1%5DFXALL%24%24ALL_1392&Id=F0000008FS&ClientFund=1&BaseCurrencyId=USD&InvestmentType=FO&ms-redirect-path=%2F1c6qh1t6k9default.aspx">Morningstar Global Fund Report: FSSA Asian Equity Plus</a></p><p><a href="https://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F0GBR04C5N">Morningstar Global Fund Report: FSSA China Growth</a></p><p><a href="https://www.morningstarfunds.ie/ie/funds/snapshot/snapshot.aspx?id=F0000007ZG">Morningstar Global Fund Report: FSSA Hong Kong Growth</a></p><p>China Market and Foreign Investments</p><p>“<a href="https://www.morningstar.hk/hk/news/234167/fssa-martin-laus-lessons-learnt-from-30-years-of-investing-in-china.aspx">FSSA Martin Lau’s Lessons Learnt From 30 Years of Investing in China</a>,” by Kate Lin, Morningstar.com, April 18, 2023.</p><p>“<a href="https://www.f