Capital Macro: Asian exports may outperform weak PMI data.

Shivaan Tandon, from Kapital Macro, stated that despite weak PMI data, the near-term prospects for most export-oriented manufacturing industries in Asia remain favorable. The PMI for most regions in Asia in November still reflects a sluggish manufacturing activity, but Tandon believes that these surveys do not accurately reflect the hard data of some economies in recent times. The economist said, "Strong global demand for AI-related hardware will further drive the growth of Asia's electronic exports." He highlighted that the exports of most economies in the region have been surging in the past few months.