According to JPMorgan Asset Management among the favorites trading stocks there are Samsung, Alibaba, Tencent, Taiwan Semiconductor Manufacturing and JD.com which could have doubled the value in 3-5 years.

These companies are almost the same ones that will firstly testing the new Chinese state blockchain and its token.

China's central bank will in fact launch a state-backed cryptocurrency and issue it to seven institutions in the coming months.
Alibaba, Tencet and UnionPay are already inside, but since other groups such as McDonalds are involved, surely Samsung and JD.com ( for Alibaba) are also inside.

Also Subway and other companies (that for now remains unnamed) in China were named on the People’s Bank of China’s list of firms that will test the national digital currency in the near future.

We need also to take note about Starbucks, that first was named to be included in the list of the first tester of the digital Yuan but then denied by the company. In fact, a company spokesman explicitly stated that they are not participating in the digital currency experimentation process in China.

Let's not forget that JPMorgan Chase, the largest bank in the United States and the sixth in the world with assets of over two and a half billion dollars, has created a proprietary digital currency, which it has called JPM Coin and which will be used to regulate the transactions between customers of the bank's business payment transactions. With this launch, JPM is experimenting with a solution that sees the global financial structure be increasingly positioned on the blockchain network for the management of reconciliation activities.

The JPMorgan Asia Growth Fund is already a strong investor in Samsung, Alibaba, Tencent, Taiwan Semiconductor Manufacturing and, secondly, in JD.com (Alibaba's smallest competitor in e-commerce in China) and Sea. JP Morgan now is writing to his customers that the expected rally of Asian stocks will allow Asian fund to always stay one step ahead of the competition.

In this context seems “normal” that the policies aimed at containing the contagions from Covid-19 have brought out the value and importance of cloud technologies, smart working and collaboration platforms, online streaming of content, e-commerce , memory chips and data centers. The Asian actions of hardware, internet gaming and e-commerce companies are considered by JP Morgan to be "very attractive in the long run."

JP Morgan in addition reduced the shares in traditional banks and insurers in China, with some exceptions for financial companies in the South-East Asia area and for groups focused on digital offerings.

However, the scenario for Asian securities is not entirely positive: there are two major factors of uncertainty that could introduce weakness in the stock market trends. This is a possible second wave of the coronavirus pandemic and a possible escalation of the trade war, or trade tensions between the United States and China. These factors represent a risk for the actions of Asian companies in all sectors, and also for cryptocurrencies.