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Citigroup has upgraded Chinese equities to “overweight” and downgraded South Korean stocks, joining a growing list of global financial institutions that are turning more bullish on China.
Citigroup’s shift adds to signs that investors are rotating out of overheated regional tech trades and back into Hong Kong and mainland shares on hopes of stimulus, easing geopolitical risks and AI growth
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Citigroup has upgraded Chinese equities to “overweight” and downgraded South Korean stocks, joining a growing list of global financial institutions that are turning more bullish on China.

Global banks turn more bullish on Chinese stocks

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A growing number of global financial institutions have turned more positive on Chinese equities, raising market ratings and…

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Foreign investors have pulled US$110 billion from Seoul this year, rotating into undervalued Chinese giants as momentum seen…

Korean investors have increased their exposure to China's technology and advanced manufacturing sectors during a recent pullback…