Amundi Asia Pacific Market Monthly Commentary - August 2020
Monday 01 June 2020
During this period of confinement, a large majority of our free time is devoted to the consumption of digital content and purchases made online. This trend is clearly reflected in recent figures.
Companies benefiting from the rise in consumer engagement show significant potential, which will boost revenue in the fall. Gaming stocks are also likely to continue doing well, as in-game monetization ramps up (Ubisoft and CD Projekt in Europe). Subscription-based music and movies also appear attractive within this theme.
In addition, the shift to online payments is gathering momentum in the current environment, as e-commerce continues to accelerate.
In this scenario, which themes and stocks are the winners?
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