Thursday, May 19, 2022
Google search engine
Homeasia economyRenewed Covid outbreak in Asia is not a big worry, says Citi...

Renewed Covid outbreak in Asia is not a big worry, says Citi strategist

  • The renewed rise in Covid-19 cases across Asia is "not something we need to worry about too extensively," said Ken Peng, Citi Private Bank's head of Asia investment strategy.
  • Against such a backdrop, investors could go after "Covid-impaired" stocks such as airlines and other companies in the travel sector, said Peng.
  • The strategist also sees opportunities to buy Chinese tech stocks on the dip.

RELATED ARTICLES
- Advertisment -
Google search engine

Most Popular