JPMorgan Chase & Co has shifted its stance on Chinese stocks from overweight to neutral, driven by concerns over potential US election volatility and China’s economic issues. The bank advises investors to consider reallocating funds to other emerging markets like India, Mexico, and Brazil. This move follows similar downgrades by UBS Global and Nomura Holdings Inc.
Related Posts
Optiemus and German LS Spectrum Solutions forge partnership to launch advanced drone-based spectrum analyzers in India.
Optiemus Unmanned Systems partnered with Germany’s LS Spectrum Solutions to market and distribute drone-based spectrum analysis solutions in India, supporting the ‘Make in India’ initiative. […]
Latest FD rates: Which PSU banks are offering highest fixed deposit rates in August 2024? Check List
Latest Bank Fixed Deposit rates: Several public sector banks have revised their fixed deposit interest rates in the last two months. Union Bank of India […]
Foreign Portfolio Investors inject Rs 10,980 crore in first week of September
Indian stock markets opened September on a high note with significant foreign investments, only to see FPIs sell Rs 904.19 crore of equities due to […]