Prominent American investor buys shares of Uzbek companies

Renowned American investor Jim Rogers, who has been living in Singapore for many years, said he has not yet sold his Chinese stocks and has purchased shares of Uzbek companies. He made the statement in an interview with Russia’s RBC news agency.

According to Rogers, unlike his positions in Russian and U.S. stocks, he has so far refrained from selling Chinese assets. At the same time, he did not rule out the possibility of selling them, citing high market valuations.

“My portfolio includes a wide range of Chinese stocks. But I repeat, the Chinese market has been rising almost nonstop lately, so I may have to sell Chinese shares soon, because everything is going up. I have not made a final decision yet and am still thinking about what to do,” he said.

Toward the end of 2025, Rogers noted that he added an unusual position to his investment portfolio by purchasing shares of Uzbek companies.

“I bought most of the stocks that are traded on the exchange — there aren’t many of them, and I have acquired almost all of them,” the investor said.

According to available data, around 85 companies’ shares are currently traded on Uzbekistan’s Tashkent Stock Exchange. These include companies from the banking, oil and gas, telecommunications, and other sectors.

The source noted that Rogers’ portfolio includes only shares of Uzbek issuers and does not contain government bonds.

The American investor had already expressed interest in Uzbekistan’s stock market in a 2021 interview with Forbes. However, he said at the time that he did not hold any assets in the jurisdiction.

“Uzbekistan has finally gained a new post-Soviet leader in Shavkat Mirziyoyev. They are trying to transform into a modern economy at a very fast pace. Although the country is still not widely known in the West, I am a big fan of the New Uzbekistan. Previously, the country was governed in an almost dictatorial manner, but the new government knows what it is doing. The achievements of recent years deserve praise,” Rogers said.

It is worth noting that earlier reports stated that Uzbekistan is expected to attract nearly $35 billion in investment from the United States over the next three years and more than $100 billion over the next decade.