Asia Investors Should Look Beyond AI Trades in 2026 -- Market Talk

Dow Jones

Nov 20

1038 GMT - Asia investors would do well to look beyond AI next year, HSBC analysts say. AI exposure is already stretched, and there's plenty more opportunity in the region. "This includes high-growth stocks in mainland China, consumption plays in India, turnaround stories from Asean." In China, they tap power-equipment supplier Harbin Electric as poised to win from Beijing's energy self-sufficiency push. Also meriting a look is India, where valuations offer value and earnings are set to recover. HSBC thinks consumer names--including autos--will benefit from India tax reform and lower interest rates, and that banks' margins will grow. Indonesia appeals too, as the government has scaled up policy support, and looser monetary policy aids recovery. Indonesian convenience store firm Alfamart and India's PB Fintech and Phoenix M are among HSBC's 2026 picks.(jason.chau@wsj.com)

(END) Dow Jones Newswires

November 20, 2025 05:38 ET (10:38 GMT)

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2584138534"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2584138534\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2584138534?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-20 18:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2584138534","market":"sh","top_or_hot":-1,"title":"Asia Investors Should Look Beyond AI Trades in 2026 -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1038 GMT - Asia investors would do well to look beyond AI next year, <a href=\"https://laohu8.com/S/HSBC\">HSBC</a> analysts say. AI exposure is already stretched, and there's plenty more opportunity in the region. \"This includes high-growth stocks in mainland China, consumption plays in India, turnaround stories from Asean.\" In China, they tap power-equipment supplier <a href=\"https://laohu8.com/S/01133\">Harbin Electric</a> as poised to win from Beijing's energy self-sufficiency push. Also meriting a look is India, where valuations offer value and earnings are set to recover. HSBC thinks consumer names--including autos--will benefit from India tax reform and lower interest rates, and that banks' margins will grow. Indonesia appeals too, as the government has scaled up policy support, and looser monetary policy aids recovery. Indonesian convenience store firm Alfamart and India's PB Fintech and Phoenix M are among HSBC's 2026 picks.(jason.chau@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 20, 2025 05:38 ET (10:38 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Asia Investors Should Look Beyond AI Trades in 2026 -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAsia Investors Should Look Beyond AI Trades in 2026 -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-20 18:38</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1038 GMT - Asia investors would do well to look beyond AI next year, <a href=\"https://laohu8.com/S/HSBC\">HSBC</a> analysts say. AI exposure is already stretched, and there's plenty more opportunity in the region. \"This includes high-growth stocks in mainland China, consumption plays in India, turnaround stories from Asean.\" In China, they tap power-equipment supplier <a href=\"https://laohu8.com/S/01133\">Harbin Electric</a> as poised to win from Beijing's energy self-sufficiency push. Also meriting a look is India, where valuations offer value and earnings are set to recover. HSBC thinks consumer names--including autos--will benefit from India tax reform and lower interest rates, and that banks' margins will grow. Indonesia appeals too, as the government has scaled up policy support, and looser monetary policy aids recovery. Indonesian convenience store firm Alfamart and India's PB Fintech and Phoenix M are among HSBC's 2026 picks.(jason.chau@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 20, 2025 05:38 ET (10:38 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0149721374.USD","symbol_name":"HSBC GIF HONG KONG EQUITY \"AD\" INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2584138534","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584138534","pubTimestamp":1763635080,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1038 GMT - Asia investors would do well to look beyond AI next year, HSBC analysts say. AI exposure is already stretched, and there's plenty more opportunity in the region. \"This includes high-growth stocks in mainland China, consumption plays in India, turnaround stories from Asean.\" In China, they tap power-equipment supplier Harbin Electric as poised to win from Beijing's energy self-sufficiency push. Also meriting a look is India, where valuations offer value and earnings are set to recover. HSBC thinks consumer names--including autos--will benefit from India tax reform and lower interest rates, and that banks' margins will grow. Indonesia appeals too, as the government has scaled up policy support, and looser monetary policy aids recovery. 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AI exposure is already stretched, and there's plenty more opportunity in the region. \"This includes high-growth stocks in mainland China, consumption plays in India, turnaround stories from Asean.\" In China, they tap power-equipment supplier Harbin Electric as poised to win from Beijing's energy self-sufficiency push. Also meriting a look is India, where valuations offer value and earnings are set to recover. HSBC thinks consumer names--including autos--will benefit from India tax reform and lower interest rates, and that banks' margins will grow. Indonesia appeals too, as the government has scaled up policy support, and looser monetary policy aids recovery. Indonesian convenience store firm Alfamart and India's PB Fintech and Phoenix M are among HSBC's 2026 picks.(jason.chau@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 20, 2025 05:38 ET (10:38 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}