From Investing.com: 2024-05-15 00:09:36

Investors expect modest returns from Asian equities excluding Japan, citing hopes for a Chinese economic upturn and strong earnings. Respondents anticipate 5-10% returns in the next 12 months. A BofA survey noted a significant increase in confidence in the Chinese economy from February to May. Fund managers are bullish on semiconductor, tech, and industrial stocks but avoid utilities and real estate. Taiwan and India are favored markets, while Thailand remains unpopular due to political turmoil. Despite lagging performance, Japan remains the top choice for fund managers. The weak yen and Bank of Japan policies are key factors influencing market outlook.



Read more at Investing.com: Fund managers see 5% to 10% upside in Asian stocks: BofA survey By Investing.com