DBS Bank reports investors are shifting focus to selective Chinese technology sectors as property growth fades
According to SCMP Business, DBS Bank (Hong Kong) says investors are moving from viewing China as a single bet to selecting winners in selective technology sectors as property growth fades. Dennis Lam, from DBS Bank, said during a media briefing that AI, advanced manufacturing and innovative drugs are among the sectors expected to benefit.
Key facts
- 01DBS Bank (Hong Kong) noted during a media briefing on Thursday that investors are shifting from a single China bet to selective sector bets.
- 02The sectors highlighted as beneficiaries include artificial intelligence, advanced manufacturing, and innovative drugs.
- 03The trend is that property growth is fading as an engine of growth for China.
- 04Dennis Lam is the managing director and head of research at DBS Bank (Hong Kong).
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