Opportunities Abound in Emerging Asia, with Herald van der Linde, HSBC
This podcast episode was released to premium subscribers on Feb. 9. To become a premium subscriber and take advantage of a host of other benefits, visit Contrarian.Supercast.com or ContrarianPod.substack.com and sign up! Herald van der Linde, head of Asia equity strategy for HSBC in Hong Kong, joins the podcast to discuss opportunities in emerging Asia. Content Highlights Emerging markets have under-performed developed markets, including in Asia -- but this is not an entirely fair comparison (3:09); What of the premise that much of emerging Asia are simply suppliers to China and therefore dependent on that country? This too is not so simple... (6:01); Markets like Indonesia move independent of China and the U.S. With 250 million people, a growing middle class, and improved infrastructure, this is one area where there are opportunities (8:21); Financial services still have ample room to grow in the region, with large numbers of under-banked individuals. The energy sector, meanwhile, is transitioning (12:45); Background on the guest (19:26); Consumers are a growing force throughout Asia, but individual countries have vastly different spending habits. An overview (24:38); There is one country that nobody is really looking at in professional investing circles. The possibilities are enormous. That country is Bangladesh (31:55). More Information on the Guest Book: Asia's Stock Market from the Ground Up available on GoodReads, Amazon.com also in Kindle edition, and elsewhere; Twitter: @HeraldLinde; LinkedIn.