0239 GMT - HSBC's Asia Strategy team has a neutral weighting on South Korean equities due to tariff risks, according to a research report. "The main downside risk is volatile U.S. tariff policy as Korea is an export-driven economy," the team says. Also, political uncertainty poses risks to the domestic ruling party's 'Value-Up' program, though there are signs of progress, the team says. Meanwhile, "valuations are compelling after the downturn," the team says. "We think funds have room to raise exposure to Korea as they have cut holdings since June 2024," the team adds. HSBC's buy-rated stock ideas are SK Hynix, Samsung Electro-Mechanics, LS Electric, Naver, Kolmar Korea, JYP Entertainment, KB Financial Group, Hyundai Motor, LG Energy Solution, L&F Co., and Hyundai Engineering & Construction. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 18, 2025 22:39 ET (02:39 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。