As Fed rate cut looms, HSBC favours China shares over India
Updated : July 11, 2019 12:41:05 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.
Published : July 11, 2019 12:41 PM IST