Emerging market stocks are piquing investor interest. "We expect that increased consumer spending and outbound travel [from Mainland China] will benefit many EMs, particularly in Asia, Africa, and Latin America," Fitch Solutions wrote in a report on Jan. 31.
It said it expects Ganfeng will be able to better capture profits across the lithium value chain, given its relative insulation from the lithium industry's price movements. Warren Buffett-backed Taiwan Semiconductor Manufacturing Company is another of the bank's top picks.
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