Whilst we have no crystal ball and cannot predict the future (if we could we would give up our day jobs as business editors), we have talked with some of the world’s largest investment banks to come up with a list of some of their best ideas for 2020. Sometimes the banks are in agreement, and sometimes not. But whichever way you choose to invest your money, we wish you good luck and all the cunning you can muster in the year of the rat.
Idea 1: Buy China stocks, sell Southeast Asian stocks
Credit Suisse says it prefers North Asian markets, particularly China, over South Asian ones to take exposure to potential cyclical recovery.
Within this market, China property is their preferred sector. They expect authorities to support real estate investment growth in 2020, with some local governments already loosening demand-curbing measures with the relaxation of its Hukou policy. Its analysts expect revenue and earnings to grow by 21% and 18% in 2020, respectively. “Valuations are at attractive levels. If policies are relaxed, valuations could mean-revert to their historical average, offering a 20% upside. Property stocks also pay a high dividend yield of 6.3%,” they noted.
Idea 2: If you must buy ASEAN stocks, buy Singapore
Amongst ASEAN markets, Singapore is Credit Suisse’s pick of the bunch. They expect Singapore equities to perform in line with regional markets in 2020 as the subdued growth environment continues to cap upside for the market despite their favourable valuation.
Esta historia es de la edición January-March 2020 de Singapore Business Review.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición January-March 2020 de Singapore Business Review.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
Singapore's health data bill mandates regulated information sharing
To ensure data disclosure and sharing, the Ministry of Health can impose up to $1m in fines for non-compliance.
Venture capitalists sharpen focus on targeting startups' profit paths
Deal activity in Asia Pacific fell 26.3% YoY in 2023, reflecting VC firms' caution.
Strategic locations and value-added services drive growth in self-storage sector
In Singapore, StorHub has introduced online booking for storage spaces of various sizes.
Why Tim Hortons vies for top spot in Singapore's 'third place' Western coffee scene
Capturing this market is better than competing directly with kopitiams and grab-and-go concepts.
CEO Justin Quek steers OrangeTee to real estate centered around customers
A step toward this commitment is the launch of the consumer-centric event 'Property Festival' in 3Q24.
Retailers are urged to view returns management as loyalty drivers
15% of customers abort a transaction if the return policy is subpar.
National security is put front and center with new Significant Investments Review bill
Legal experts believe cybersecurity and AI entities are likely to be affected by the measure.
Three strategies to mitigate BEPS 2.0's tax impact for MNEs
Should the directive be implemented, selected MNES will be subject to a global minimum tax of 15%.
JustCo debuts first pay-per-minute airport hub for business nomads
The co-working space has around 50 hot desks and nap pods, allowing travellers to 'check-in' at work.
Fr8Labs secures major backing to digitalise Asia's freight sector
Investors are showing strong support for Fr8Labs, a company set on transforming the freight forwarding sector traditionally bogged down by manual processes.