HSBC identifies investment targets for Q3/2569, focusing on growth stocks in the AI, clean energy, and aerospace sectors.

HSBC Private Bank delves into its Q3/2569 investment strategy, highlighting growth stocks in AI, clean energy, and aerospace, while offering insights into the global economy and Thai stocks.

June 9, 2569, HSBC Private Bank (HSBC Private Bank revealThe Q3 2569 investment strategy report is themed "Maximizing Capital for Future Opportunities". (Where capital meets the future) HSBC Private Bank continues to have a positive view on the strength and resilience of the global economy and believes that market volatility remains manageable, based on lessons learned from the COVID-19 crisis. 19 The shifting dynamics of international trade demonstrate that both governments and businesses are accelerating the diversification of supply chains, trade relationships, and energy sources to support long-term economic growth.

Willem Sales, Chief Investment Officer (Chief Investment Officer, Asia, HSBC Private Banking said "Volatility remains a part of global financial markets as investors face rapidly changing risks and headlines. It is crucial to maintain investment discipline through a resilient and well-diversified portfolio across various asset classes that can withstand short-term uncertainties, while simultaneously focusing on long-term investment opportunities arising from structural growth trends.

Willem Sales, Chief Investment Officer, HSBC Private Banking.

 In addition, the bank recommends investment strategies that focus on long-term growth opportunities from the following themes: AI Energy independence and the aerospace industry are key priorities for high-net-worth and ultra-high-net-worth clients. The bank sees investment opportunities in technology, industrial, basic materials, and utilities sectors, which continue to be supported by ongoing investment in innovation and continue to positively impact growth stocks rather than value stocks.

 The bank expects the U.S. Federal Reserve... (The Federal Reserve (Fed) will keep its policy interest rate unchanged throughout 2569, reflecting a balance between inflation risks and economic growth.

HSBC Private Bank recommends 4 investment strategies for the third quarter. year 2569

(1) Strengthen investment for an AI-driven future.

The financial performance of companies related to artificial intelligence (AI).) Better-than-expected results, easing revenue concerns, and attractive valuations following the software stock correction have opened up investment opportunities in semiconductor, data center, and AI-powered companies. Apply it to your business operations.

(2) Positioning investments to support energy security and independence.

Geopolitical shifts are accelerating the diversification of energy sources in many countries, increasing the use of electricity instead of other sources, and investing more in power grids. This is a supporting factor for long-term investment opportunities.

(3)  Strengthen the resilience of your investment portfolio with a diversified asset investment strategy. (Multi-Asset)

Bonds, gold, alternative assets, and currency diversification remain key components of a resilient portfolio, which can be further enhanced by infrastructure investments, generating stable and inflation-adjusted cash flows.

(4) Seize the opportunities arising from innovation and revenue in Asia.

The barbell investment strategy (Barbell Strategy A portfolio diversification strategy that combines very high-risk and very low-risk assets can help investors seize opportunities in Asia's innovation-driven investment cycle while generating income from high-quality assets, by increasing investment weighting in mainland China, Hong Kong, Singapore, and South Korea.

Mr. Patrick Ho, Chief Investment Officer, North Asia. (Chief Investment Officer, North Asia) HSBC Private Bank He said, "While investing in..." AI With rapid increases worldwide, Asia is well-positioned due to its leadership in semiconductors and the rapid advancement of large-scale, systematic language models. AI They are trained with vast amounts of text data from around the world to enable them to understand, process, and create human language naturally. (Large Language Models besides AI Investors can also access a wider range of investment opportunities through the potential for income generation from debt instruments, coupled with positive developments in corporate governance reforms in Japan, South Korea, mainland China, and Singapore.”

Patrick Ho, Chief Investment Officer, North Asia, HSBC.

Furthermore, the bank believes that geopolitical developments are leading to increasing disparities in the global economy across regions. This underscores the importance of selecting investment opportunities that effectively identify beneficiaries and potential victims across different issuers, sectors, and regions.

Overview of Thailand's economy and investment in the third quarter of 2026.  

Although Thailand's economic fundamentals began to improve in early 2569, the conflict in the Middle East has impacted business confidence and economic growth prospects. Due to Thailand's high dependence on energy imports, rising energy costs have put pressure on businesses and the manufacturing sector. In the manufacturing sector, SMEs. Thailand continues to face challenges from tight financial conditions, rising operating costs, and intense international competition, particularly from China. Meanwhile, the recovery of the tourism sector remains slower than many other countries in the region, such as Malaysia and Vietnam. As a result, the bank forecasts that the Thai economy will grow by approximately 1.6% in 2569.

In terms of investment, the Thai stock market has been one of the most outstanding performing markets in the region recently, driven by the post-election rally in February. However, this strong return has also led to higher stock valuations, even though earnings growth is still projected to remain in high single-digit percentages. ((High-Single Digit) However, the bank sees downside risks to its profit forecasts from the impact of high oil prices. 

Therefore, the bank believes the Thai stock market may have limited opportunities to outperform global and regional markets in the near future. Regarding exchange rates, the bank maintains a neutral view on the Thai baht and expects it to gradually appreciate slightly against the US dollar by the end of the year. 2569