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The threat of the omicron variant is becoming real for many of Asia’s biggest countries just as it looks set to subside in some Western nations, and that’s complicating investors’ search for winning share bets in the region.

Hong kongKrung thep mahanakhonSouth koreaJeffrey halleyJian shi cortesiFumio kishida covidOanda halleyRichard kayeMorgan stanleyComgest asset management japan ltdCovid zeroWai ho leongModular assetAsia pacificKong faces worstBoth worlds