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5 Singapore Stocks Poised to Benefit from China’s Reopening
By The Smart Investor  •  March 30, 2023
It was a breath of fresh air to learn that China loosened its strict COVID-zero restrictions in December last year. The country was one of the last major economies to insist on a tough stance against the virus as it sought to track and stamp out all transmissions. A month later in January, China reopened its borders in its final farewell to its COVID-zero policy. And in the middle of this month, visas to foreign tourists were issued for the first time in three years as China opened its borders wider. The resumption of normal activities in the world’s second-largest economy looks set to benefit a wide swath of businesses. Here are five Singapore stocks that should enjoy an uplift as they have investments, assets or operations in the Middle Kingdom. CapitaLand Investment Limited (SGX: 9CI) CapitaLand Investment Limited, or CLI, is a real estate investment manager with S$132 billion of assets under management (AUM) and...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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