... profitability and stock returns for foreign companies focused on the Chinese market. Increased market volatility amid news regarding the Chinese economy and politics forces investors to reassess portfolio diversification and global market entry strategies. Key Companies with High Dependence on the Chinese Market (Apple, Tesla, Nike, Starbucks, Qualcomm, etc.) Apple (AAPL). For the technology giant Apple, China has long been one of the primary drivers of iPhone sales growth. In the fourth quarter of 2023, Apple’s revenue in China fell by 13% year-over-year to $20.8 billion, attributed to strong promotions from local competitors ...

... shares. Zscaler Inc Reporting Zscaler Inc, a global leader in cloud cybersecurity solutions, publishes financial reports that can shape sentiment in the technology sector. Strong results from Zscaler could bolster investor confidence in cybersecurity and technology companies, including Russian IT firms, reflecting on their market value. Recommendations for Traders Monitor China and Eurozone PMI: Watch these indices closely as they can affect commodity prices, influencing Russian exporters. Focus on Corporate Events: ...

... "seven" has decreased by approximately 8 percentage points over the past year, falling to around 13%, close to a two-year low, indicating a decline in growth expectations. This caution among institutional investors towards the largest tech companies is historically unique and is already affecting market dynamics and current sentiment. Notably, this comes despite a partial recovery in technology sector valuations recently. Stocks of the "Magnificent Seven" are still trading, on average, about 18-20% below their peak levels from December, even after recent increases. In contrast, Bloomberg's collective Magnificent 7 index ...

... giants like Cisco and Tencent could improve investor sentiment, while negative surprises may lead to increased volatility. For Russian investors, the key reports from X5 Group and VK Company will reflect the state of domestic consumer demand and the technology sector. Positive forecasts or improvements in margins may drive growth in the stocks of these companies. Overall, a combination of stable inflation and robust corporate earnings will create a favorable backdrop for the markets, whereas weak indicators or unexpected deterioration in data will require a more cautious approach and adaptable investment ...

... their lost positions. What Does This Mean for the Russian Automotive Market? Increased Competition: The return of German brands will heighten competition in the Russian market, potentially leading to improved product quality and the introduction of new technologies. Chinese companies are already offering cars with modern technologies and high comfort levels, which will also push German brands to adapt their offerings. Reducing Dependence on Chinese Automotive Industry: As the Russian market rapidly fills with Chinese brands,...