Although the Asia-Pacific region has experienced softer growth rates than in recent years, the private bank of Credit Suisse says it is positioning to hold those Asia firms likely to benefit from an upswing in developed markets.

The Zurich-listed bank is recommending a list of Asian technology stocks and Japanese exporters, such as Bridgestone; Honda; Hutchison Whampoa; Samsung Electronics; Sony; Toshiba, Toyota and TSMC.

The improved macro-economic momentum of nations such as the US supports a rebound in Asian exports for July, the Swiss private bank said.

“Equity markets in Japan, Taiwan and South Korea are best positioned to benefit from a global recovery given their geared exposure to the technology sector,”