Foreign investors hold an optimistic view of Thailand's stock market this year thanks to the country's economic recovery, driven by the tourism sector and China's reopening, says an investment analyst.
Lombard Odier, a Swiss private bank specialising in wealth management, said foreign investors are optimistic about the country's stock market as well as other Asian and emerging markets.
The bank estimates China's GDP growth rate for 2023 at 5-5.5%, with a large contribution coming from the country's reopening, said Stephane Monier, group managing director and chief investment officer at Banque Lombard Odier & CIE SA. He was speaking at a media briefing yesterday held following a seminar hosted by Kasikorn Private Banking.
