Strong ASEAN GDP growth to spur tech listings & property stocks: Dr Ernest Kan, Deloitte

Strong ASEAN GDP growth to spur tech listings & property stocks: Dr Ernest Kan, Deloitte

Dr Ernest Kan, Deloitte Southeast Asia. Credit: Deloitte

Dr Ernest Kan, the deputy managing partner for markets at Deloitte Southeast Asia, is bullish on the prospects for the equity capital markets of ASEAN and Singapore, in particular, forecasting that infrastructure projects and technology firms will drive IPOs across the region in the coming years.

This will be buoyed by the growth narrative that dominates regional capital markets, in addition to the growing consumption across the region, as well as increased Chinese capital inflows targeted at infrastructure projects in Southeast Asia as part of its Belt & Road Initiative (BRI).

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