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Goldman Sachs have downgraded their view on Hong Kong-traded China stocks.
  • cut Hong Kong-listed Chinese companies to market-weight
  • cut Hong Kong firms to underweight
  • remains overweight on Chinese onshore shares

Citing

  • low earnings growth and a potential consensus downgrade
  • slowing growth stemming from the housing sector downturn, high debt levels, and adverse demographics

GS upgraded shares in India:

  • India is expected to see “the best structural growth prospects in the region”
  • mid-teens earnings growth over the next two years

Via Wikipedia map

            This article was written by Eamonn Sheridan at www.forexlive.com.

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