FUND VIEW-China and Hong Kong best Asia bets
Global stock investors should be overweight China and Hong Kong in their portfolios, because the Chinese economy is likely to keep growing at or near double-digit rates, a fund manager at New Star Asset Management said on Monday.
But investors should be underweight the technology-heavy markets of Taiwan and South Korea, because of the risk a slowing U.S. economy will slash the profits of low margin exporters, added Jorry Noeddekaer.
Our biggest overweight right now is definitely Hong Kong and China. We more or less add these two names together, he told Reuters in an interview.
More : borsaitaliana.reuters.it
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