Investors are unwinding ‘buy India, sell China’ stocks trade
Tuesday, 2 April 2024 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.
Mumbai Becomes Asia's , Billionaire Capital , on Global Rich List.
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the..
Credit: Wibbitz Top Stories Duration: 01:31Published
Tuesday, 2 April 2024
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