HSBC Global AM's CEO is upbeat on Asian stocks despite current uncertainty [CNBC]
Churchill Capital Corp V Class A (CCV)
US:NYSE Investor Relations:
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Source: CNBC
show chapters Asian consumer strength remains: HSBC AM 1 Hour Ago | 02:18 The uncertain geopolitical environment is the talk of the day, but HSBC Global Asset Management's CEO is positive on Asian equities thanks to a rising middle class. "If we step away from policy uncertainties, the strength of the Asian consumer still remains," Sridhar Chandrasekharan told CNBC's " Squawk Box " at the Morgan Stanley Asia Pacific Summit on Thursday. By 2030, two-thirds of the world's middle class will be in Asia, up from less than one-third today , he added. Qilai Shen | Bloomberg | Getty Images Customers look at mobile handsets as an advertisement featuring a photo of Wal-Mart Stores Inc.. founder Sam Walton hangs on a wall in a Wal-Mart Stores Inc. owned and operated Sam's Club store during its opening
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