Ideas
Eva Lee
Head of Greater China Equities, UBS Global Wealth Management
16:50
Long China AI hardware over internet
Prefers Chinese AI hardware and semiconductor stocks over internet models, citing higher earnings growth (around 45%), visibility of orders 12 months ahead, and valuation that is not too ridiculous when divided by growth, while internet models have been depressed due to AI capex spending without immediate monetization.
Eva Lee
Head of Greater China Equities, UBS Global Wealth Management
16:50
Long China AI hardware over internet
Prefers Chinese AI hardware and semiconductor stocks over internet models, citing higher earnings growth (around 45%), visibility of orders 12 months ahead, and valuation that is not too ridiculous when divided by growth, while internet models have been depressed due to AI capex spending without immediate monetization.
Eva Lee
Head of Greater China Equities, UBS Global Wealth Management
28:06
Long Chinese yuan
Expects modest further appreciation of 1-2% in the Chinese currency, as exports remain strong and the government doesn't want too much strengthening, but underlying momentum supports.
Eva Lee
Head of Greater China Equities, UBS Global Wealth Management
33:07
Long China data centers and renewables
Data center and power sectors look interesting on a medium to longer-term basis, as valuations have become attractive, and energy resilience theme remains, with continued build-out of renewable energy and AI data centers.
Watch Taiwan and Korea on AI bubble
If an AI bubble bursts, Taiwan and South Korea would be the most vulnerable economies due to high exposure to the AI supply chain through semiconductors; Taiwan's GDP could be hit by more than 4%, South Korea's by 2%, prompting a need to monitor these markets.
Watch Hong Kong internet value opportunity
Hong Kong-listed internet names have suffered a huge selloff, with Tencent trading at a record low forward PE of 11x; there is nascent buying interest as shown by HSTECH performance, though debate between value trap and value opportunity persists.
Long Malaysia as second-tier AI play
Malaysia is emerging as a second-tier AI play due to its AI data center business and electronics companies, with the market being under-owned and reasonably valued, making it worth another look as crowded AI markets like Taiwan and Korea rotate.
Long India on stable rupee and oil
India is considered relatively well priced with a slow in oil surge and a pause in rupee decline, giving investors confidence; the Nifty outperformed the EM benchmark last month, suggesting continued momentum.
Long Indonesia on worst priced in
Indonesia has seen some buying as investors believe the worst news is priced in, presenting a potential value opportunity after being the worst-performing market this year.
Long Korean won on outflow stabilization
The Korean won could rebound if foreign equity outflows stabilize, as recent heavy outflows have pressured the currency; a stabilization would provide a period for won recovery.
Watch Korean banks for rate hike rotation
Korean banks are bouncing in today's session, supported by high-grade inflation that raises potential for BOK rate hike, and sector rotation out of memory chips into financials could drive further gains.
Long Meituan on AI model launch
Meituan launched a frontier AI model with a very high context window despite ongoing grocery price war, showcasing technological capability that the market is rewarding; the achievement is impressive and could drive stock gains.
Watch SK Hynix leveraged ETF risks
The SK Hynix leveraged ETF has grown so large it distorts the underlying stock's price and creates strains across the financial system plumbing, with rising hedging costs and bank capital buffers tested, making it a risk to monitor.
This Bloomberg Markets video, published July 02, 2026,
features Eva Lee, Bloomberg Economics, Managing Editor for Asian Equities, David Savage, Anthony, Big Take
discussing China internet sector, SMH, CNH, China data center and renewable energy sector, Taiwan equity market (TWSE), KOSPI, HSTECH, EWM, India equity market (Nifty 50), JCI, KRW, KBE, HK, SK hynix Leveraged ETF.
13 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Eva Lee,
Bloomberg Economics,
Managing Editor for Asian Equities,
David Savage,
Anthony,
Big Take
· Tickers:
China internet sector,
SMH,
CNH,
China data center and renewable energy sector,
Taiwan equity market (TWSE),
KOSPI,
HSTECH,
EWM,
India equity market (Nifty 50),
JCI,
KRW,
KBE,
HK,
SK hynix Leveraged ETF
