{"id":4185,"date":"2024-02-27T10:41:30","date_gmt":"2024-02-27T03:41:30","guid":{"rendered":"https:\/\/hva.group\/?p=4185"},"modified":"2024-08-09T15:48:42","modified_gmt":"2024-08-09T08:48:42","slug":"asian-stocks-2024-potentials-and-forecasts","status":"publish","type":"post","link":"https:\/\/hva.group\/en\/asian-stocks-2024-potentials-and-forecasts\/","title":{"rendered":"ASIAN STOCKS IN 2024 \u2013 POTENTIAL AND FORECASTS"},"content":{"rendered":"
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In 2024, the Asian stock market is likely to continue to grow strongly, bringing promising potential to investors. With the economic situation forecast to grow positively, countries in the region will attract investment capital and stimulate the development of the stock market. Support measures from the government and improved export prospects will be important drivers for the recovery of the Asian stock market. Infrastructure, real estate and technology sectors are expected to be bright spots next year.<\/p>\n\n\n\n

1. Asian Stock Market Situation in 2023<\/h2>\n\n\n\n

In 2023,\u00a0market<\/strong> <\/strong><\/a>proof<\/strong> <\/strong><\/a>Asian stocks<\/strong>\u00a0has undergone a series of significant fluctuations. Rising inflation, rising interest rates and the slow recovery of the Chinese economy have put significant pressure on this market.<\/p>\n\n\n\n

Japan's Nikkei 225 has led the region's stock market performance in 2023, rising about 28% from the previous year, according to data from Refinitiv. The growth was supported by improved corporate earnings from Japanese companies. In particular, optimism that the Bank of Japan (BOJ) may be about to end its ultra-loose monetary policy after years of near-zero interest rates has provided a positive boost to Japanese stocks.<\/p>\n\n\n\n

Meanwhile,\u00a0Hang Seng Index<\/strong>\u00a0Hong Kong's index was the worst performer in the region, falling nearly 14% in 2023, also the fourth consecutive year of decline.<\/p>\n\n\n\n

Then,\u00a0CSI 300 index<\/strong>\u00a0China\u2019s stock market \u2013 which includes the largest companies listed in Shanghai and Shenzhen \u2013 was the third-worst performing in Asia, falling 11,38% last year.<\/p>\n\n\n\n

China\u2019s reopening has been sluggish due to a real estate slowdown and local government debt problems, which have hurt spending and reduced demand and investment in the manufacturing sector, said Peggy Mak, head of research at PhilipCapital.<\/p>\n\n\n\n

Still, Asia\u2019s outlook remains bright in 2024, according to analysts from Pinebridge Investments. With continued strong growth momentum from Asia, as well as \u201ca relatively promising outlook,\u201d these should provide attractive potential for equity investors in 2024.<\/p>\n\n\n\n

The International Monetary Fund (IMF) projects Asia's growth rate at 4.6% in 2023 and 4.2% in 2024, higher than the global growth forecast of 3% in 2023 and 2.9% in 2024.<\/p>\n\n\n\n

\"Asian<\/figure>\n\n\n\n

2. Policy changes in 2024 in Asia<\/h2>\n\n\n\n

After 2023, here's what investors are looking for in 2024.<\/p>\n\n\n\n

Investors focus on interest rate cuts:<\/p>\n\n\n\n