Motilal Oswal
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Motilal Oswal
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As Fed rate cut looms, HSBC favours China shares over India

Updated : July 11, 2019 12:41 PM IST

Fed Chairman Jerome Powell on Wednesday paved the way for the first US rate cut in a decade.
HSBC had downgraded Chinese stocks in May to reflect such risks.
Shanghai shares have gained 17 percent so far this year.
As Fed rate cut looms, HSBC favours China shares over India
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