Bridgewater CIO: Hong Kong plays an important role in pan-Asian securitization.

date
20/11/2024
avatar
GMT Eight
Bob Prince, co-CIO of Bridgewater Associates, said at the Hong Kong Financial Summit that from a business perspective, Hong Kong has great prospects in the Pan-Asian region. While capital markets in Asia are expanding, securities are still low in many areas. Hong Kong has the potential to play a very important role in this and the concept of the Greater Bay Area is also promising. When asked about the impact of Trump's return to the White House on the US economy and markets, he pointed out that the market is uncertain and Trump seems to deliberately create uncertainty. Although his policies benefit business, they could bring risks of inflation and affect the selection of the new Chair of the Federal Reserve in a year and a half. He also stated that the Trump administration is not likely to back down, and the market is expecting a decline in the early stages, which would be more favorable for the stock market. Regarding investments in the Chinese market, he mentioned that investment strategy focuses on balance and pays attention to the macroeconomic situations and liquidity of different markets.

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