Asia-Pacific Construction Pipeline at Close of Q3

• The supposed reopening trade for China stocks hit a speed bump as the realization set in with investors that Covid cases are not going down, in fact they continue to go up.
• ONYX Hospitality Group said they reinforced their expansion plan with a strategic focus on its home territory of Thailand and neighboring destination, Malaysia.
• According to the recent Q3 2022 close of the Construction Pipeline Trend Report, Asia Pacific’s total construction pipeline, excluding China, stands at 1,881 projects.

The supposed reopening trade for China stocks hit a speed bump as the realization set in with investors that Covid cases are not going down, in fact they continue to go up. For the sixth straight day, the number of new cases topped 20,000 with a new seven month high today of more than 26,000. Guangdong is once again […]