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US$3 billion top Asia fund bets on Tencent again despite China gaming rules, favours Samsung over TSMC in chip market

Investment reflects fund’s optimism over beaten-down market, where valuations are ‘absolutely incredible’, says fund manager.

By: scmp.com

Jan 12 2024
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US$3 billion top Asia fund bets on Tencent again despite China gaming rules, favours Samsung over TSMC in chip market

Investment reflects fund’s optimism over beaten-down market, where valuations are ‘absolutely incredible’, says fund manager.

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Red Rainstorm Warning issued as weather worsens