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China's economy faces challenges due to sluggish domestic spending, a property market slump, and potential trade tensions with the US. Beijing has responded with measures including expanding consumer subsidies, cutting interest rates, boosting the property sector, approving debt swaps for local governments, and issuing special bonds for land development.
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We believe 2025 will witness normalized returns from the markets as compared to superlative returns we have witnessed in the last few years.
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Rakesh Rawal, CEO of Anand Rathi Wealth, is confident in achieving their revised guidance of Rs 900 crore in revenue and Rs 290 crore in profit. Despite market volatility, they foresee 20-25% long-term growth potential, driven by robust client acquisition, increased relationship managers, and technology enhancements. They focus on technology for customer value and are open to new products.
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