DeepSeek has stoked a rotation out of India stocks into Chinese equities — but experts advise caution [CNBC]
OVERSEAS CHINSE UNSP/ADR (OVCHY)
NASDAQ:AMEX Investor Relations:
coli.com.hk/en/ir
Company Research
Source: CNBC
“Every time the China market goes up, the India market goes down,” said Thio Siew Hua, managing director and head of equities at Lion Global Investors. Over 50% of funds Nomura surveyed said they had cut their allocations to India by the end of January, while allocation to China and Hong Kong stocks were increased. A Chinese national flag, left, and an Indian national flag are arranged for a photograph. DeepSeek's breakthrough in artificial intelligence has boosted investor sentiment around China stocks, with a gauge of the country's onshore as well as offshore shares soaring over 26% since its January low. The surge in Chinese equities comes at a time when Indian stocks have been languishing in correction territory, with experts pointing to a rotation away from India into China. “Every time the China market goes up, the India market goes down,” said Thio Siew Hua, managing director and head of equities at Lion Global Investors. China's CSI300 had given negative returns f
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