0816 GMT - Some Singapore stocks may gain from a stronger China economy, UOB Kay Hian analysts write in a note. Stocks such as financials, property and REITs with revenue exposure to China could benefit further on state fiscal spending and policies that address the nation's structural slowdown, they add. Hospitality and tourism-related stocks without direct China revenue exposure, such as Genting Singapore, CDL Hospitality Trusts and Far East Hospitality Trust, could also benefit, UOB Kay Hian adds. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
October 03, 2024 04:16 ET (08:16 GMT)
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