HONG KONG: A US$4.3 trillion wipeout in Asian equity markets hasn’t stopped the chief investment officer for Asia-Pacific at Allianz Global Investors from making an optimistic call: the region’s shares may rally into December and outperform their US peers in 2019.
To Raymond Chan, the elements needed for a year-end rebound are a hand shake between the US and Chinese leaders at this month’s Group of 20 summit and a nod for further talks to alleviate the trade war.
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