Fed’s Higher-for-Longer Interest Rates Make These Asian Stocks Havens
From Bloomberg: 2024-04-27 20:00:00
A surge in interest rates is boosting the appeal of undervalued Chinese stocks in Asia, prompting investors to turn to value investment strategies. Corporate reforms in Japan and South Korea are also supporting the value investment approach, with M&G Investment Management eyeing low valuations in Chinese stocks. Exporters and India’s domestic equities are also attracting investor attention as safe havens.
Read more at Bloomberg: Fed’s Higher-for-Longer Interest Rates Make These Asian Stocks Havens