HONG KONG: Julius Baer is recommending Hong Kong’s battered stock market as investor appetite fades after five months of protests, saying "times of crisis” are usually an opportunity to invest.
The nation’s stocks have appeal as valuations are suppressed and dividend payouts exceed the yields on government bonds by near the most on record, said Yves Bonzon, chief investment officer at Bank Julius Baer & Co. at a press roundtable in the city yesterday.
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