0336 GMT - U.S.-listed Chinese companies and the energy sector will be key areas to watch in the event of a Donald Trump presidential victory in November, DBS Group Research says in a note. If Trump is elected, Chinese companies listed in the U.S., such as Alibaba, Baidu and NIO, could be pressured by likely increased tensions between Washington and Beijing and potentially tighter trade curbs, it says. In such a scenario, DBS prefers oil-and-gas companies--Exxon Mobil, Chevron, ConocoPhillips--over renewable names--NextEra Energy, Atlantica Sustainable Infrastructure, Brookfield Renewable Partners. Technology will remain a point of contention regardless of the outcome, it says. "Trade restrictions on semiconductor companies are likely to stay on national-security concerns." Leading up to the election, DBS expects stock-market volatility from mid-August to late October. (farah.elias@wsj.com)

(END) Dow Jones Newswires

July 16, 2024 23:37 ET (03:37 GMT)

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