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"Google, Microsoft, and Walmart ... are more difficult to kill," he said.
"For the majority of our customers－those born after the 1990s－they spend money not just for the product per se but for a change of lifestyle. So what they really value is the experience that a brand can bring."
"Given the overall impact (of the epidemic) should be short-term, bottom fishing on oversold quality names makes sense," said Lynda Zhou, chief investment officer for equities in China at Fidelity International.
"Globalization exists in a political context. In the 19th century, it largely took place within European empires. In the 20th century, it took place through US-backed international institutions, and in the 21st century, it may exist within China-centered institutions such as the BRI," he said.
"For the past three decades, several Asian countries have done exceptionally well. There is no doubt that this momentum will continue," he said.
