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China Stocks Preferred by BlackRock, Goldman Over Pricey India

(Bloomberg) In a change of tone over the world’s two biggest emerging markets, global investors overseeing billions of dollars are slowly starting to favor China versus India reversing a year-long trend that’s pushed stocks in opposite directions.

BeijingChinaIndiaChineseTom masiLucy liuBloombergGoldman sachs group incGwk investment managementBlackrockBlackrock incNomura holdings incSachs groupNomura holdingsSouth asianNew york based

Investors look to China over India's 'overvalued' stocks

Global investors holding billions of dollars are slowly starting to favor China over India, Bloomberg has reported, reversing a year-long trend. BlackRock has upgraded Chinese stocks and said “the time to position in China is now,” reducing its exposure to Indian equities. Goldman Sachs Group and Nomura Holdings both raised offshore Chinese stocks, downgrading Indian stocks.

ChinaIndiaChineseTom masiBloombergGwk investment managementNomura holdingsBlackrockGoldman sachs groupSachs groupNew york basedJubailAl ahsaAl kharjTaifQatif

Alibaba's market cap has dropped by $344 since from last October which is the biggest wipe-out of shareholder value globally

Alibaba's market cap has dropped by $344 since from last October which is the biggest wipe-out of shareholder value globally
swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.

BeijingChinaHong kongChineseDow joneGuo shuqingTom masiJack maAnt groupBloombergInsurance regulatory commissionDidi global incCommunist partyBloomberg intelligenceChina bankingInvestment management

Why Shares of 360 DigiTech, FinVolution Group, and Lufax Holding Are Up This Week

Market sentiment seems to suggest that investors are once again feeling bullish on Chinese stocks that trade on U.S. stock exchanges.

ChinaShanghaiChineseTom masiAnt groupFinvolution groupThen the cyberspace administration of chinaBlackrockAlibaba group holdingShanghai stock exchangeLufax holdingGroup holdingCyberspace administrationDidi globalInvestment managementNasdaq golden dragon china index

ASX to rise, S&P 500 nears record high

Australian shares are set to open higher, with earnings driving further gains in the Dow and S&P 500. Bitcoin resets record high, reaches for $US67,000.

GermanyNew yorkUnited statesAustraliaNetherlandsHong kongBeijingChinaSwitzerlandZhengzhouHenanAustralianChineseDutchSwissJens weidmann

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