SINGAPORE -- Emerging Asian markets are on course for the worst half year in over a decade, as investors retreat from large tech companies in the region, while recession fears build up.
Heavy rate hikes by central banks, the repercussions of China's severe lockdown and global supply chain disruptions are behind the investors' deteriorating sentiment. Analysts say regional markets may struggle to attract capital inflows this year, with the pace of central bank interest hikes creating the main near-term uncertainty.
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