Kevin Leung, govt director for funding technique and wealth administration at Haitong Worldwide Securities in Hong Kong, additionally stated the native inventory market may supply alternatives.
Talking on CNBC’s “Avenue Indicators,” Leung described himself as “cautiously optimistic” on Hong Kong, citing close to “historic low” valuations.
The primary quarter, nonetheless, is more likely to stay risky as geopolitical points such because the commerce dispute and Brexit play out, he warned.
LGT’s Hofer cautioned in opposition to taking a pessimistic outlook for your complete 12 months due to its tumultuous starting.
“We have a tendency to do this,” he stated. “It’s totally pure, everyone does it. However truthfully, let’s be a little bit bit courageous.”