UOB Kay Hian Overweight On Tech

Desmond Chong, Senior Analyst, UOB Kayhian Securities Malaysia

13-Dec-22 09:15

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The KL Technology Index has retreated by 32% on a year-to-date basis, with the sector weighed down by rising interest rates, recession concerns and ongoing US-China tensions. Is the worst over for the sector, given signs of peak inflation and easing of Covid-19 policies in China? Desmond Chong of UOB Kay Hian gives us his outlook for the Malaysian tech sector.

Image credit: Shutterstock

Produced by: Chong Tjen San

Presented by: Shazana Mokhtar, Wong Shou Ning, Philip See

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Categories: technology, markets, international

Tags: malaysian tech sector, 2023 outlook,

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