Investors in Asia are urged to actively manage portfolios in 2025 as diverging trends in Chinese and Indian equities challenge index investing, according to Eastspring Investments, the USD271bn asset management arm of Prudential. Chinese equities outperformed Indian stocks in late 2024, driven by Beijing’s stimulus measures, despite India’s faster economic growth. Beijing is expected to announce further policy changes at the National People’s Congress in March, addressing excess supply in the property market to boost investor confidence. Meanwhile, India remains a long-term structural play, attracting interest from institutions like Julius Baer and Citi Wealth. Artificial intelligence continues to be a key investment theme, with opportunities in Asia’s hardware sector extending beyond US-centric tech giants, Eastspring noted.