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Interesting move. Why $HSBK in and $PG out?
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@Novius Halyk Bank US46627J3023 is the largest Kazakh bank with an average profit growth of 15.7% over the last 10 years with almost perfect profit stability. It also has a dividend yield of around 12%
Kazakhstan is rich in raw materials: Oil, silver, manganese, copper, uranium, iron, bauxite and many more.
Economic growth has been over 9% per annum for 25 years.
We only ever have the USA and Europe on our radar. But the future is likely to lie in Asia.
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