0327 GMT - Asia is shifting its considerable savings pool to local investments, HSBC analysts say in a research note. Over the past decade, Asian economies have increasingly mobilized national savings for local investments to improve local markets' resilience and reduce the dependence on foreign capital, the analysts say. India and China have led this trend, they note. In recent years, China's growth in assets under management has slowed considerably due to the real-estate crisis and the Covid-19 pandemic, but it could pick up again quickly. "As sentiment recovers, households should have ample reserves in their bank accounts to dip once again into insurance and collective investment products," they add. Building local capital markets is even more important as the U.S. might be increasingly reluctant to act as the lender, they say. (sherry.qin@wsj.com)
(END) Dow Jones Newswires
August 20, 2025 23:27 ET (03:27 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.