CXSE - Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets
2024-02-21 02:09:00 ET
Summary
- China and Hong Kong markets had a humbling 2023 with equities down more than 10%.
- Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singapore and Thailand the latest to be included.
- Furthermore, to meet growing demand in key markets, Taiwan’s most valuable chip giant plans to expand its global footprint.
By Dina Ting, CFA, Head of Global Index Portfolio Management, Franklin Templeton ETFs
As we enter the year of the dragon, Dina Ting, Head of Global Index Portfolio Management, assesses the opportunities and risks in China and Taiwan, which saw divergent market performance last year. She also highlights a region that not only has seen rising engagement with China but was also an EM bright spot that outperformed the S&P 500 Index in 2023—Latin America. ...
Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets