Biden victory seen as positive for Asian equities: analysts
Singapore counters that may benefit are Hi-P, Valuetronics, China Aviation Oil, HPHT
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Singapore
A VICTORY by Democratic candidate Joe Biden over President Donald Trump in the US election will be seen as positive for Asia equities, said DBS Group Research on Tuesday.
In a monthly strategy report, the research team noted that Mr Biden is likely to end the United States' trade war with the EU, and adopt a more open and negotiable approach with China with tariffs being reconsidered or removed.
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