High-quality growth stocks at discounted prices can be found in emerging markets

Investment director Lim Wen Loong of Ashoka WhiteOak Capital chooses three growth stocks to invest in

To identify outstanding companies in emerging markets at appealing valuations, the Ashoka WhiteOak Emerging Markets Trust uses bottom-up stockpicking. In order to lower macro risks, the trust maintains a portfolio that is generally balanced in comparison to the benchmark; performance is determined by stock selection.

An internal framework that evaluates a company's environmental, social, and governance (ESG) is used to select stocks, which are chosen by a committed group of investment professionals. Instead of placing large individual wagers on businesses, industries, or nations, the trust concentrates on keeping a well-diversified portfolio.

A prominent player in South Korean technology, Samsung Electronics (Seoul: 005930) holds solid positions in semiconductors, smartphones, displays, and other electronic devices. With decades of scale and cost advantages, Samsung continues to be a major player in the DRAM and NAND subsectors of the computer memory market. Opportunities for structural growth are being created by the increased memory content brought on by the spike in demand for AI servers.

Through sectors like 3-nanometer process node (3nm), an advanced stage of semiconductor manufacturing where transistors are built in minuscule sizes, Samsung's foundry business is growing. As a result, the company can now take market share beyond memory.

While the company is the pioneer of foldable devices and holds a dominant position in smartphones with its Galaxy series, its OLED (organic light-emitting diode) display business continues to gain from growing penetration into IT and mobile products. With a variety of revenue sources, steady R&D spending, and exposure to long-term trends like artificial intelligence (AI), digitization, and electrification, Samsung Electronics is well-positioned to grow its value over time.

AI boom and growth stocks.

The world's top switching power supply company is Delta Electronics (Taipei: 2308). PCs, servers, console games, and telecom base stations are just a few of the many markets it caters to. High entry barriers and expertise accumulated over many years define the industry. AI servers, which demand a significantly larger power supply than traditional ones, have been the main driver of recent growth. The power requirements of newer AI server generations are even higher. Beyond artificial intelligence, Delta is active in fields like factory automation and providing electric vehicle power trains, showcasing management's aptitude for seeing new opportunities.

With a broad range of operations in China and abroad, Alibaba (NYSE: BABA) is a Chinese company that specializes in digital media, cloud computing, and e-commerce. It dominates the domestic e-commerce, payments, and cloud infrastructure markets. Alibaba has a sustained competitive edge because of its extensive economies of scale and integrated ecosystem, which give it pricing power and enable alluring incremental returns on investment.

There are more chances to make money from advertising and e-commerce is becoming more and more popular in China. Cloud migration has accelerated due to China's growing demand for AI, solidifying Alibaba's position as the leading supplier of cloud infrastructure. Alibaba is also a desirable long-term investment due to its capable management.