One Belt, One Road to boost Asean stocks, says SGX report
These stocks include Jardine Strategic Holdings, SATS and United Engineers
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Singapore
AS China's One Belt and One Road (OBOR) initiative continues to develop and with Asean poised to benefit from it, investors have more opportunity to invest in companies here with Asean exposure across industries such as construction and engineering, metals and mining, and trading and distribution.
In a market update published by the Singapore Exchange on Sept 22, the 20 largest capitalised industrials, materials, and utilities stocks with Asean exposure include Jardine Strategic Holdings, SATS and United Engineers.
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