Reported 8 months ago
In an investment outlook for the second half of 2024, HSBC Bank anticipates improvements in the global economic cycle, expanding corporate earnings, and central bank rate cuts, providing abundant investment opportunities in cash, quality bonds, and stocks. Particularly in Asia, including Taiwan, South Korea, India, and Japan, where earnings growth surpasses global estimates, the prospects for AI development are seen to extend for at least another decade. Deutsche Bank also remains optimistic about stock market growth, especially in tech-heavy markets like Taiwan and South Korea. The bullish sentiment is supported by the rapid expansion of AI demand and the upsurge in semiconductor industries in the region.
Source: YAHOO