Trump trade wind just a breeze for Asia stocks inured to pain
A file photo of US President Donald Trump. Stefan Hofer, Asia chief investment strategist at LGT Bank AG, says Hong Kong’s stock market is relatively insulated from trade war concerns with the local economy dominated by financials and property companies. Photo: Reuters Hong Kong: While trade paranoia engulfed everything from US index futures to the dollar and bond markets, it was a different story for Asian equities, as investors weighed competing risk factors affecting the outlook for a region square in the targets of President Donald Trump. Stocks across the Asia-Pacific…
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