Reported about 1 year ago
Fidelity International announced the results of a major survey of investors in the Asia-Pacific region on July 8, 2024. With an expected rate cut approaching, over 50% are considering reducing cash holdings to buy stocks. Among the six regions surveyed in the Asia-Pacific, Taiwanese investors are particularly positive, with 61% planning to increase their stock holdings, with a preference for U.S. stocks. As interest in cash decreases due to anticipated rate cuts in the next 6-12 months, stocks are becoming the top choice for investors entering the next market cycle. The survey covered mainland China, Hong Kong, Taiwan, Singapore, Japan, and Australia, with a focus on investors preparing for potential rate cuts by the Federal Reserve. Taiwanese investors are notably inclined towards stock investments and seeking returns outside of cash assets, showcasing an overall shift in investment preferences in the region.
Source: YAHOO