CLSA shifts stand in favour of Indian stocks vs Chinese

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The story "CLSA shifts stand in favour of Indian stocks vs Chinese" was covered 3 hours ago by Times of India, a news publisher based in India.

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Times of India 3h ago

CLSA shifts stand in favour of Indian stocks vs Chinese - Times of India

Quick Summary:

India Business News: MUMBAI: CLSA, a foreign brokerage with a huge client base of funds investing in India, on Friday reversed its stand of being overweight on China and e.

Domestic appetite remains strong, offsetting foreign jitters, and valuation, though pricey, is now a little more palatable," the report said.

We are anxious that these concerns lead to a buyers' strike by offshore investors who built China exposure after the initial PBoC (Chinese central bank) stimulus in Sept.