INTERNET ASIA + Indexes Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INTERNET ASIA + Indexes

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: T A P who wrote (1132)	7/29/1999 4:26:00 PM
From: Gene Reardon	Read Replies (2) of 1567

HONG KONG, July 29 (Reuters) (excerpts) - Morgan Stanley Dean Witter expects Asian share markets to surge and forecasts at least another 30 percent rise in the MSCI Asia ex-Japan index in the next few months, strategist Ajay Kapur said on Thursday. "I am still unambiguously bullish on Asian equity markets," Kapur said, as he outlined a revised model portfolio that is heavily overweighted on China, South Korea and Singapore. China could surprise with an unexpectedly strong showing this year, and South Korean growth is likely to "astound," he said. He said China would resist a yuan devaluation this year and gain instead from increased global demand as the world economy expanded 3.3 percent this year. Favoured stocks are CNAC <1110.HK>, China Telecom <0941.HK> Beijing Yanhua <0325.HK> and Yanzhou Coal <1171.HK>.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next