Thailand, Taiwan Stock Ratings Raised at HSBC; South Korea, Hong Kong Cut

(Bloomberg) -- Investors should buy more shares in
Thailand and Taiwan and reduce holdings in South Korea and Hong
Kong, HSBC Securities Asia Ltd. said.

Investors should ``rotate out of the priciest markets into
those that have so far missed out on the fun, such as Thailand
and Taiwan,'' said Garry Evans, Asian equities strategist at HSBC
in Hong Kong, in a research note to clients. He declined to
comment when contacted by Bloomberg News.


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