By Umesh Desai
HONG KONG, July 25 (Reuters) - Banks, utilities and property stocks are some of the Asian domestic plays that fund managers see as winners after China revalued the yuan in a move seen boosting currencies across the region.
China, the world's seventh-largest economy, scrapped a decade-old peg to the dollar on Thursday and revalued the yuan by 2.1 percent to 8.11 per dollar, linking it to a basket of currencies.
Malaysia immediately dropped its ...
Sign in to access
this Article
"Funds pick domestic Asian plays after yuan move" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
