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Asian Stocks: This is what Asian stock investors are betting on in 2021-Asian stocks will emerge as winners

Thanks to a number of favorable government policies, you can benefit from investing in environmental, social and governance reasons.

Take renewable energy as an example. China, Japan and South Korea are all pushing for carbon neutrality this century, and the United States is preparing to be taken over by a climate-friendly president.

“Renewable energy is cheaper than ever,” said David Smith, portfolio manager at Aberdeen Standard Investments Asia. “China’s recent commitment to becoming a zero-emission greenhouse gas country by 2060 has given momentum to the incident.”

As China improves its climate goals, resources linked to solar and wind energy could be boosted. Meanwhile, India plans to source 40% of its electricity from non-fossil sources by the end of the decade, which should help companies in the sector.

Electric cars are still hot. BNP Paribas’ Energy Conversion Fund is one of those betting on shares in the electric vehicle supply chain, including Korean battery makers such as LG Chem and companies involved in hydrogen fuel cell technology. The focus is on Japan’s car inventories as Japan is preparing to phase out new petrol cars by the mid-2030s.



Asian Stocks: This is what Asian stock investors are betting on in 2021-Asian stocks will emerge as winners

https://economictimes.indiatimes.com/markets/stocks/news/this-is-what-asias-stock-investors-are-betting-on-in-2021/slideshow/80110282.cms Asian Stocks: This is what Asian stock investors are betting on in 2021-Asian stocks will emerge as winners

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