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Are You Looking For Top Tech Stocks From Asia? 3 To Know

These Tech Stocks Across The Pacific Could Still Deliver Big Returns Over The Next Decade.

tech stocks to buy in asia

Looking For Growth In Tech Stocks; Are These On Your List?

This is a precarious time to be investing in Asia. Tech stocks have been a popular space to look for promising growth. And if you are willing to deal with the volatility along the way, top tech stocks could be quite attractive. Perhaps many investors are not that familiar with the development in Asia, or China where most of its homegrown tech companies seek to list in the global stock market. The big names of Alibaba (BABA Stock Report) or JD.com (JD Stock Report) hopefully do ring some bells. It’s a massive market in Asia. And despite the giant size of those Asian tech companies, it will only get bigger from here.

JP Morgan Asset Management is also betting that some Asian tech stocks could double in value in three to five years’ time. This comes as a global pandemic that makes working and playing online a force of habit. Considering that China and emerging markets in Asia appear to be containing the virus reasonably well, it gives the region an advantage in the recovery. With all that in mind, here are three tech stocks in Asia that could deliver big returns over the next decade.

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Top Tech Stocks To Buy Or Sell Now: Sea Limited

Sea Limited (SE Stock Report) is the leading internet company in Southeast Asia and Taiwan. The seven markets it serves in these regions have twice the population of the U.S. at 600 million. And it’s one of the fastest-growing regions in terms of GDP per capita. SE stocks have been threading higher in anticipation of quarterly earnings that are due this week. The company is best known for its gaming segment, Garena, and its e-commerce site, Shopee.

When you have a popular e-commerce platform and a high-gross gaming business under one company, it is hard not to see the growth prospects here. The game title Free Fire owned by the company was the third-most downloaded gaming app in the world during the second quarter.

Free Fire was initially launched in 2017 and was the most downloaded game of 2019. Its strong performance seen during the second quarter signals that it continues to have strong staying power. We’ll learn more when the company reports its earnings in August.

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Top Tech Stocks To Buy Or Sell Now: Tencent Holdings

Tencent (TCEHY Stock Report) is the world’s largest video game publisher. Its portfolio of games and major stakes in global blockbusters are making it one of the best tech stocks to buy. Even if you do not know Tencent, you would have heard of its super-app WeChat. The gaming segment generated 35% of Tencent’s revenue last quarter. It grew throughout the coronavirus pandemic as many stayed at home. And just today, we saw Tencent overtake Facebook (FB Stock Report) in terms of market capitalization, making it the world’s 7th most valuable company. This comes after TCEHY stocks rallied nearly 40% year-to-date.

If you are thinking of stocks that are coronavirus-proof, look no further than Tencent. The tech giant’s online advertising business, gaming, fintech and cloud segments are showing double digit percentages growth. Almost all of their services are naturally resistant to the pandemic. This makes it one of the best defensive investments you can find in the market. Initially, investors were skeptical whether the company can sustain the growth witnessed during the first quarter.

Well, as China recovers from the pandemic, coupled with the strategic acquisitions made by Tencent, the company is likely to deliver double-digit percentages growth in the coming quarters.

Top Tech Stocks To Buy Or Sell Now: NetEase 

NetEase (NTES Stock Report) is a Chinese gaming and online services company. The company has a strong pipeline of upcoming game releases, including Sky in the third quarter. In addition, NTES is also branching into differentiated content for its NetEase Cloud Music service. It is targeting independent musicians and testing electronic music live sessions, singing apps, and other potential growth sources. As the streaming service gains more traction, it could provide another solid revenue stream on top of its gaming segment.

The company’s pristine balance sheet and a strong portfolio of high-margin, self-developed games are undoubtedly making it one of the top gaming stocks to watch. As mobile games become increasingly globalized coupled with the development capabilities from NetEase, it is reasonable to assume that these qualities could bring further potential upside to NTES stock price. This could lead to a $100 billion market cap in 2 to 3 years time.

By Joe Samuel

Joe Samuel is a dedicated stock market researcher and financial contributor. His love for the stock market started at a young age learning from his grandfather. Joe earned a bachelor of science degree in corporate finance and business management. After finishing college, he went the route of an entrepreneur starting numerous businesses and eventually became a financial contributor to a number of outlets including Seeking Alpha, Invesitng.com, and actively contributes to FactSet. At StockMarket.com, Joe looks for emerging stories. One of his traits is identifying new trends before they become mainstream. Whether it’s a biopharmaceutical company debuting a novel treatment or the next technology start-up developing a new platform, Joe looks to be on the cutting edge of that trend.

After years of living in New York, he made the move to Miami, Florida where he’s become an active member of the finance community. Joe has worked with early-stage companies in marketing and consulting capacities, which has given him an opportunity to see what makes companies tick. His viewpoint is that while corporate news is vital to any investment, it’s what isn’t “right in front of you” that can make a good investment great. His approach to the markets is one that aims to deliver information that might not be well-known. But through deep research and diligence, Joe has written about and been able to uncover time-sensitive information when seconds matter in the stock market today.

Joe enjoys covering several stock market sectors. These include commodities, finance, biotechnology, and technology; specifically AI & machine learning. His no-nonsense approach to the market gives readers a cut and dry view of the news that matters most and topics beginning to emerge as new trends in the stock market. He was early to the table with calls on things like the last gold rush in 2019 and has been able to identify influential events and how they could impact certain industries.

During his free time, he enjoys spending time with his family and polishing up one new stock market trends. He’s also an avid car enthusiast with a passion for classic and muscle cars.