Investors are unwinding ‘buy India, sell China’ stocks trade
According to HSBC Holdings Plc, a significant shift in investment strategies among emerging market funds is underway, with over 90% now increasing their stakes in mainland Chinese shares, which were previously underweight. Concurrently, these funds are reducing their exposure to the Indian market. By way of performance, the MSCI China Index has more than doubled gains clocked by the Indian measure.
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