News From Press China’s sudden stock rally sucks money from India, other Asian markets

China’s sudden stock rally sucks money from India, other Asian markets

Source: ET Oct 4, 2024

A strong rebound in Chinese stocks is set to trigger a shift in global portfolios as some investors rush to catch the rally. A wave of money which earlier left Chinese equities in favor of stocks from Japan and Southeast Asia is poised to reverse course after Beijing’s latest stimulus blitz, according to market watchers.

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