China regains favour among global investors who deem India overvalued | Business Standard News

Clipped from: https://www.business-standard.com/article/international/china-regains-favor-with-investors-who-deem-india-overvalued-121112700422_1.html BlackRock has upgraded Chinese stocks as policy hurdles ease while trimming its exposure to Indian equities 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. 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…