Goldman Sachs has said investors should remain positioned in leading Asian markets while maintaining exposure to commodities, citing structural drivers including artificial intelligence investment, defense spending and power infrastructure development, according to a new report by CNBC.
The bank highlighted that Asia's equity performance has been largely earnings-driven rather than valuation expansion, with technology hardware, capital goods and financials among the key contributors. It noted continued strength across North Asian markets, including South Korea, Taiwan and Japan, alongside China's domestic A-share market, where industrial and technology-linked sectors remain central to index performance.
