Avoid High-Yield EM Bonds, Says StanChart's Lai

The video discusses the market's response to the PBOC's recent move, highlighting a shift in investor behavior towards reducing high beta exposure, particularly in Asia. It emphasizes the importance of currency stability and the preference for low-yield, safe investments like Malaysia and Thailand bonds. The discussion also touches on the impact of currency depreciation and the need for more data to confirm market stabilization.

How does the PBOC's move affect the market sentiment?

What is the current stance on high beta exposure in the market?

Why is there a preference for low yielders like Malaysia and Thailand?

What factors are influencing investor behavior in Asia according to the text?

What are the expectations regarding Malaysia government bonds?