Asia-Pacific stock markets top global charts in the first half of 2021

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Asia-Pacific stock markets top global charts in the first half of 2021

CNBC2021-07-01

KEY POINTS Vietnam’s VN index and the Taiex in Taiwan both surged more than 20% in the first half of 2021, beating the S&P 500 and pan-European Stoxx 600. Other markets that saw robust gains include ...

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Jossssshhhh
·2021-07-01
Good news
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gupzbajaj
·2021-07-01
Any stocks worth looking at on sgx ?
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markkk
·2021-07-01
nuce
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dogeking
·2021-07-01
???
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- dogeking:
  ??
  2021-07-01
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Wallstrtbets
·2021-07-01
Noted.
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- markkk:
  nice
  2021-07-01
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The CSI 300 index which tracks the biggest firms listed on the mainland, however, gained just 0.24%.\nThe Chinese market “clearly stands out as an opportunity for the second half,” according to Bhaskar Laxminarayan, Asia chief investment officer at Bank Julius Baer.\nHe told CNBC’s “Street Signs Asia” on Thursday that Chinese markets have underperformed since February “for no reason” beyond concerns over issues such as the regulatory environment.\n“The underlying fundamental story in each of these companies that have constituted the index ... that have caused this underperformance, are actually very positive,” said Laxminarayan.\nAsia’s economic outlook\nLooking ahead, Asia is expected to “broadly remain on a healthy recovery path,” JPMorgan Private Bank’s Alex Wolf said in a note on Tuesday.\n“For investors, the bottom line is to expect continued divergence,” said Wolf, who is head of investment strategy for Asia at the firm. “Vaccinations, growth drivers, and policy are diverging widely across the region, and investors need to invest selectively and actively.”\nThe strategist highlighted three factors that investors should monitor over the course of the rest of 2021: China’s recovery, vaccination progress, and exports — in particular, semiconductors.\n“We still favor Northeast Asia (China, Korea, and Taiwan) given their exposure to structural forces such as digitalization and semiconductor demand, but as vaccinations pick up the recovery will eventually spread to South and Southeast Asia supporting both their currencies and equity markets,” he said.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":158302556,"gmtCreate":1625127416575,"gmtModify":1703736668448,"author":{"id":"3577084348423562","authorId":"3577084348423562","name":"Jossssshhhh","avatar":"https://static.tigerbbs.com/3d7fa9061fe3869db4b4d1955b34389b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577084348423562","authorIdStr":"3577084348423562"},"htmlText":"Good news&nbsp;","listText":"Good news&nbsp;","text":"Good 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