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)
Copyright (c) 2024 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.