Vasu Menon

Vasu Menon is positive on China and Hong Kong equities, citing the technology and AI sector catching up with US hyperscalers, strong government balance sheets and oil reserves to support the economy, and innovation narrowing the gap despite expensive valuations. He sees medium-term upside driven by tech innovation and domestic demand policies.

Vasu Menon is positive on gold, forecasting a potential rise to $5,500 per ounce over the next 12 months from $4,500. The view is based on expected dollar weakness as Middle East tensions ease and risk-on sentiment returns, making gold more affordable in USD terms.