China regains favor with investors who deem India overvalued

BlackRock Inc. has upgraded Chinese stocks as policy hurdles ease, saying “the time to position in China is now,” while trimming its exposure to Indian equities. Goldman Sachs Group Inc. and Nomura Holdings Inc. both downgraded Indian stocks in recent days, with the former upgrading offshore Chinese equities at the same time.

from Markets-Economic Times https://ift.tt/32HFAGh