SVB collapse will have limited impact on Asia

Analysts say the collapse of Silicon Valley Bank is not likely to have a major contagion effect in Asia.

China and Japan have bucked the trend as global central banks hike rates — with the People’s Bank of China keeping its loan prime rates unchanged, and the Bank of Japan maintaining a negative interest rate of -0.1%.

On Monday, markets in China traded higher, while Japan’s Topix index led declines in a wider sell-off in Asia’s morning trade. It came after U.S. regulators announced measures to further stem systemic risks from Silicon Valley Bank’s collapse.

Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.

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