{
  "docId": "019dd923-5e88-73ef-bd58-99f08487f008",
  "docSlug": "1db65286cd5a9194",
  "documentTitle": "morgan stanley virtual hk summit march 2022",
  "authorId": "MorganStanley",
  "authorName": "Macquarie",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 49,
  "pageCount": 77,
  "prevPage": 48,
  "nextPage": 50,
  "slideType": "other",
  "function": "establish_context",
  "density": "dense",
  "nDataPoints": 0,
  "notes": null,
  "elementsJson": [
    "photo",
    "headline_text",
    "paragraph",
    "bullet_list"
  ],
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd58-99f08487f008/49",
  "deckHref": "/decks/019dd923-5e88-73ef-bd58-99f08487f008",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd58-99f08487f008.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd58-99f08487f008#slide-49",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "We continue to maintain a cautious stance, with a conservative approach to capital, funding and liquidity that positions us well to respond to the current environment",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-2e3a-7040-97f0-b89a65dec1c0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 1,
        "w": 0.485,
        "x": 0,
        "y": 0
      },
      "kind": "image",
      "text": null,
      "attrs": null,
      "subkind": "photo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2e8340b6-9d46-4ab2-aa77-a2fa92639643",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.23,
        "w": 0.448,
        "x": 0.514,
        "y": 0.268
      },
      "kind": "list",
      "text": "The duration of COVID-19, speed of the global economic recovery and extent of government support for economies\nMarket conditions including significant volatility events and the impact of geopolitical events\nPotential tax or regulatory changes and tax uncertainties\nCompletion of period-end reviews and the completion rate of transactions\nThe geographic composition of income and the impact of foreign exchange",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4277e427-8423-4bc7-9068-ab0d49125608",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.057,
        "w": 0.448,
        "x": 0.514,
        "y": 0.63
      },
      "kind": "paragraph",
      "text": "We continue to maintain a cautious stance, with a conservative approach to capital, funding and liquidity that positions us well to respond to the current environment",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5fdfda5d-134d-4c3a-b405-88c6778149df",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.019,
        "w": 0.448,
        "x": 0.514,
        "y": 0.233
      },
      "kind": "paragraph",
      "text": "The range of factors that may influence our short-term outlook include:",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d5e2f73a-f7c9-4bf1-a5fc-fcb743340e6d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.037,
        "w": 0.205,
        "x": 0.514,
        "y": 0.088
      },
      "kind": "title",
      "text": "Short-term outlook",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8b54b181-0763-413a-a70b-e817d53d083e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 51,
      "from": 48,
      "beatId": "7d2f0b69-94c7-4d65-8218-e8537a09b278",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Solution & Approach",
      "beatSlug": "consultants-gambit-solution-approach",
      "evidence": "The document outlines Macquarie's outlook and strategy",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 51,
      "from": 48,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "2087d2d5-b8d8-4387-8e33-f0ca2b304d00",
      "evidence": "The document implies that not taking action would result in missed opportunities",
      "position": 1,
      "objective": "To highlight the importance of Macquarie's strategy",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}