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Bangkok Post
Bangkok Post
Business

ASPS lists stock picks for Chinese recovery

An electronic board displays live market data at a stock brokerage in central Bangkok. According to ASPS, stocks in the travel industry are expected to benefit from China's economic recovery. (Photo: Reuters)

Asia Plus Securities (ASPS) says investors should consider 20 stocks that are expected to benefit from a Chinese economic recovery after the country's first-quarter GDP grew by 4.5%, the highest in a year.

In research published on Wednesday, ASPS said the expansion beat market estimates of 4% year-on-year. The previous quarter Chinese GDP rose by 2.2%, which also exceeded the market forecast of 2%.

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