As US media outlets call a victory for Democratic candidate Joe Biden in this year’s US general elections, markets expect an easing of trade tensions as the multilateralist former Vice-President replaces tariff champion Donald Trump. DBS analyst Paul Yong hence predicts further re-rating for Hutchison Port Holdings Trust, which has controlling interests in two of the world’s  busiest container port cities by throughput -  Kwai Tsing, Hong Kong and Yantian Port, Shenzhen, China.

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