CLSA does U-turn on China, ups India exposure after Donald Trump win
China's recent economic woes, including trade tensions with the US and falling property prices, will likely continue to weigh on the Chinese equity market, it believes. In contrast, India is seen as a more attractive investment destination due to its strong economic growth and relatively low exposure to trade risks, CLSA said in a note.
CLSA goes ‘overweight’ on India, reverses call on China after Trump
Turning ‘overweight’ essentially means Indian equities should perform better compared with other markets. The reversal is also attributed to an escalation of a trade war between US and China with Trump proposing up to 60 per cent tariff on Chinese imports into the US during his Presidential campaign and an underwhelming stimulus package by the Chinese government.
CLSA had reduced its Indian overweight to 10 per cent from 20 per cent and raising our China allocation to a 5 per cent ...
CLSA reverses its investment shift from India to China, citing economic concerns in China, trade tensions, and rising U.S.
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CLSA has reversed earlier allocation, increasing India and cutting China, even as India faces sustained foreign investor ...
Global brokerage CLSA has shifted its strategy from Chinese to Indian equities, reversing its earlier stance partly due to geopolitical challenges and economic struggles in China. The move ...
In good news for the domestic stock market, global brokerage CLSA has shifted its "tactical allocation" to India from China, ...
On November 15, in a tactical reversal, CLSA raised India allocation to a 20 percent overweight while cutting exposure to ...
The global brokerage says that market is ignoring RIL’s new energy business; the stock is offering an attractive entry point ...
Bharat Heavy Electricals Ltd. has secured a major order in India's thermal power sector by winning a 16% inflow of NTPC's ...
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