Asian money managers give Thailand a second look

Article Abstract:

Guinness Flight Asia Ltd. investment manager Nerissa Lee and Prudential Portfolio Managers Asia managing director Eric Sandlund predict that the Thailand economy is likely to recover on the the later half of 1997 to be boosted mainly from export growths. The two recommend investments into the country's low-priced stocks, especially shares of Thai Farmers Bank PCL, Bangkok Bank PCL, and Siam Commercial Bank PCL. Investment recommendations on other parts of Asia are also provided.

Securities Investment Advice, Officials and employees, Thailand, Asia, Guinness Flight Asia Ltd., Lee, Nerissa, Sandlund, Eric, Prudential Portfolio Managers Asia

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Riding on handover hopes

Article Abstract:

Hong Kong investment advisers are optimistic of the country's economic prospects after its return to Chinese sovereignty. Some advisers predict that the Hang Seng Index will register an 11.5% average increase in 1997 since money continues to pour into the country. Advisers attribute the continued health of the Hang Seng Index to the underexposure of the financial institutions to foreign loans and the growth prospects streaming from its future integration to China.

Investment Advisory Services, Statistics, Economics, Hong Kong, Hang Seng Index (Index)

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