Stronger then expected. It is year on year for the month of december. In terms of fixed Asset Investment, we are looking. Investment for december. Context stabilizing. Of the early indicators are looking robust. Of course, some of at the localimulus government level, supporting fixed Asset Investment. We are looking at the bottom of this slow down. Lets send it to our next guest. Next guest. Theuse i would say that december number was picking up further. Especially with the help of more , i would say that we are turning more bullish. It is the secondbiggest in terms of growth over the last two years or so. Can you elaborate . We have seen that ip demand picking up. More demand coming out from southern china. Been drier than usual. People are waiting to frontload some of the orders, particularly early this year. You probably need to get most things done in the fourth quarter. Into the first quarter, we saw demand and names holding up pretty well yvonne . Retail sales have held around 10
Cheah Cheng Hye is the co-chairman, co-chief investment officer and co-founder of Value Partners Group, a Hong Kong-listed fund management company. He is also an independent non-executive director of Hong Kong Exchanges and Clearing Ltd. He was previously a financial journalist, working in such publications as Far Eastern Economic Review and The Asian Wall Street Journal.
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