Energy Transition: A Chinese Growth Story?

Video Transcript

Another long-term structural story we like a lot is energy transition, including electrical vehicle batteries, solar panels, and related companies. These higher-valuation segments underperformed traditional energy companies in 2022, but we remain bullish on the long-term opportunities related to the transition to a lower-carbon economy. We pay close attention to fundamental corporate earnings, which are already in recovery. If you combine the earnings recovery with attractive valuations and a stabilizing regulatory environment, plus reopening and policy support, 2023 may be a good year for quality growth investors.

Disclosure

January 2023

The views and opinions expressed herein are those of the speaker(s) as of the date of publication, are subject to change without notice as economic and market conditions dictate, and may not reflect the views and opinions of other investment teams within William Blair. Factual information has been obtained from sources we believe to be reliable, but its accuracy, completeness, or interpretation cannot be guaranteed. This material may include estimates, outlooks, projections, and other forward-looking statements. Due to a variety of factors, actual events may differ significantly from those presented. This video has been provided for informational purposes only and should not be considered as investment advice or a recommendation of any particular strategy or investment product, or as an offer to buy or sell any securities or related financial instruments in any jurisdiction. Investment advice and recommendations can be provided only after careful consideration of an investor's objectives, guidelines, and restrictions. Investing involves risks, including the possible loss of principal. Past performance is not indicative of future results.