China, India stocks on radar of pension fund


Chinese producers of microchips and renewable-energy equipment and Indian IT firms and drug makers are among the top stock candidates for the 1.1 trillion baht (US$33bil or RM138.65bil) state fund, according to GPF secretary-general Srikanya Yathip.

BANGKOK: Thailand’s Government Pension Fund (GPF) is considering boosting its equity investments in China and India, where the rise of companies focusing on new technologies and the environment may provide high potential returns.

Chinese producers of microchips and renewable-energy equipment and Indian IT firms and drug makers are among the top stock candidates for the 1.1 trillion baht (US$33bil or RM138.65bil) state fund, according to GPF secretary-general Srikanya Yathip.

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