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Canadian Utilities Limited Class A Non-Voting Shares (CU)
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Teck Resources Limited Class B Subordinate Voting Shares (TECK.B)
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Capstone Copper Corp. (CS)
Q: CHINA
Is there any Hope for China to stimulate their Economy. They are well built in everything Housing Roads Infrastructure Etc, They have an aging Population and a Low birth Rate Not a good combination. The 21 to 30 year old have no jobs, Factories are closing and moving to other countries,
They have a huge military and their defense is fully built. Ships Tanks Aeroplanes etc.
Copper and Oil prices need China to expend other wise these prices will go lower.
What is your view on Copper TECK and CS also BABA
CU will benefit from AI, EVS, Bitcoin , Is CU a buy ? RAK
Is there any Hope for China to stimulate their Economy. They are well built in everything Housing Roads Infrastructure Etc, They have an aging Population and a Low birth Rate Not a good combination. The 21 to 30 year old have no jobs, Factories are closing and moving to other countries,
They have a huge military and their defense is fully built. Ships Tanks Aeroplanes etc.
Copper and Oil prices need China to expend other wise these prices will go lower.
What is your view on Copper TECK and CS also BABA
CU will benefit from AI, EVS, Bitcoin , Is CU a buy ? RAK
5i Research Answer:
We will have BABA comments posted tomorrow (question in queue). China is in good financial shape and has stimulus options. However, they may not all work and many could take time. The trend to urbanization and consumerism are still very much present, but the birth rate needs to change. From a market pespective better regulation is also needed. We are not experts on this topic and far prefer North America, anyway. We think TECK and CS are solid companies. Copper has gone into a cyclical downturn, but both stocks are priced for cyclicality, anyway. The US is growing and electricity demand is increasing, which should help. CU is well-priced and offers a secure 5.2% dividend. We would be comfortable buying it, but primarily for income.