SINGAPORE (Dec 24): With the US and China Phase One trade deal now looking likely, market watchers are saying the signing could benefit the manufacturing and technology sectors.

RHB analyst Jarick Seet says the semiconductor industry, in particular, is poised for a turnaround as the re-rating of listed players is set to continue in 1Q20. 

In a report released on Thursday, Seet is of the opinion that industry leaders Qualcomm and Intel are among those who would benefit from a successful US-China trade pact.

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