JPMorgan Chase & Co has shifted its stance on Chinese stocks from overweight to neutral, driven by concerns over potential US election volatility and China’s economic issues. The bank advises investors to consider reallocating funds to other emerging markets like India, Mexico, and Brazil. This move follows similar downgrades by UBS Global and Nomura Holdings Inc.
The Headlines – Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News – Read More