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Artwork for Under the Banyan Tree by HSBC Global Research

Under the Banyan Tree by HSBC Global Research

HSBC Global Research
China
Aging Population
Productivity
Demographics
Semiconductors
India
Economic Structure
GDP Growth
Japan
Korea
Corporate Governance
Commodities
Education
Healthcare
NVIDIA
Electric Vehicles
Asian Markets
Geopolitics
a-Share Market
Asia-Middle East Trade

HSBC's Fred Neumann and Herald van der Linde break down the key drivers shaping economies and equity markets across Asia. Subscribe now.

For more from HSBC Global Research,

email us at AskResearch@hsbc.com.

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Artwork for Under the Banyan Tree by HSBC Global Research

Latest Episodes

Fred welcomes HSBC's Chief Precious Metals Analyst James Steel to the podcast for a comprehensive look at the recent gold rally and the critical role that markets including China and India play in the global gold trade.

For more content from HSBC Gl... more

ASEAN Economist Aris Dacanay joins Herald and Fred to explain why Southeast Asian economies could actually see rising market share across various sectors as a result of US import tariffs.

For more content from HSBC Global Investment Research, follow... more

Recorded in front of a live audience on 21 October 2025, Fred and Herald are joined on stage in Hong Kong by Jing Liu, Yuqian Ding and Frank Lee for a comprehensive round-up of the major macro and micro talking points in Asia.

For more content from ... more

Herald catches up with Chief China Economist Jing Liu as Beijing gears up for its fourth plenum, where the economic agenda for next five years will be set.

For more content from HSBC Global Investment Research, follow us on LinkedIn: #HSBCResearch. ... more

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Recent Guests

Prerna Garg
Asia equity strategist at HSBC Global Research
HSBC Global Research
Episode: What to do with the world’s largest cash pile
Joy Wang
Head of ASEAN Equity Research
HSBC
Episode: Live from Singapore
Joey Chew
Leads the FX research team
HSBC
Episode: Live from Singapore
Pranjul Bhandari
Chief Economist for India and Indonesia
HSBC
Episode: Live from Singapore
Jun Takazawa
Economist from the Asian economics team at HSBC
HSBC Global Research
Episode: Anomaly economy: Japan
Helen Huang
Credit Specialist
HSBC Global Research
Episode: Taking the pulse of Chinese stimulus
Yun Liu
Southeast Asia economist
HSBC Global Research
Episode: Cooperation states: Singapore and Malaysia
Erin Xin
Greater China Economist
HSBC
Episode: Getting to grips with Chinese stimulus
Jing Liu
Chief China Economist
HSBC Global Research
Episode: Decoding China's Third Plenum

Hosts

Herald van der Linde
Head of Asian Equity Strategy at HSBC Global Investment Research, and host of Under the Banyan Tree.
Fred Neumann
Chief Asia Economist at HSBC Global Investment Research, and host of Under the Banyan Tree.

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Talking Points

Recent interactions between the hosts and their guests.

China, EVs and the next steps in AI
Q: What is the outlook for consumption in China?
Jing emphasizes that while consumer spending has been weak, there are signs of a change in consumption patterns and a potential rebound on the horizon.
Getting the boring stuff right
Q: What does the market expect from the plenum, and what kind of impact do you expect?
The market will obsess about trade tariffs, but the focus should be on concrete measures to drive income levels up and transition towards a more service-based economy.
Commodities in context
Q: How does the geopolitical situation affect commodity markets?
Geopolitical tensions have increased volatility and fragmentation in commodity markets, making predictions harder.
Commodities in context
Q: What do you attribute the fact to that commodity prices have actually held up quite well in recent years?
There has been a surge in inflation that means nominal prices look stable but in real terms they haven't held up as well.
Asia buys Asia
Q: What has the Chinese government done to stimulate actually households to put money at work?
The Chinese government has encouraged funds to invest more in the equity market and has mandated large insurance companies to allocate a percentage of new premiums into local equities.

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Frequently Asked Questions About This Podcast

What is This Podcast about and what kind of topics does it cover?

A range of economic topics is examined, focusing on the dynamic landscape of Asian economies and equity markets. Key themes include insights into major markets like China and India, the implications of shifting trade relations, and notable trends in investment behaviors among Asian consumers. The discussions often emphasize macroeconomic factors that influence regional markets, including tariffs, technological advancements, and government policies. Particularly distinctive is the podcast's ability to blend detailed economic analysis with a narrative that reflects current events, appealing to listeners looking for in-depth understanding of Asia's economic prospects and challenges.

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These podcasts share a similar audience with this podcast:

1. Global Data Pod
2. The Markets
3. At Any Rate
4. Bloomberg Daybreak: Asia Edition
5. Making Sense

How many episodes of this podcast are there?

this podcast launched 2 years ago and published 107 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on this podcast?

Recent guests on this podcast include:

1. Prerna Garg
2. Joy Wang
3. Joey Chew
4. Pranjul Bhandari
5. Jun Takazawa
6. Helen Huang
7. Yun Liu
8. Erin Xin

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