Abrdn Plc prefers Chinese and Indian stocks for investment returns fueled by policy moves

From Business Standard: 2024-06-14 14:06:19

Choosing the right allocations for Asia’s biggest economies is crucial for investment returns. Abrdn Plc favors Chinese and Indian stocks, expecting policy moves to attract funds. Investors are positive about India’s growth prospects, with a survey showing optimism about corporate profits. Chinese shares have outperformed Japan’s Topix Index this quarter.

The Chinese market is expected to benefit from potential stimulus measures in the future. However, caution remains due to concerns about the sustainability of China’s recovery in the property sector and corporate earnings. While short-term gains may be possible in China, India remains a top pick for long-term investments, thanks to policy continuity.

Investors are closely monitoring high frequency data points and policy developments to gauge market opportunities. In the coming months, a re-rating in China’s equities market could be driven by positive surprises and policy advancements. India continues to attract investors due to supportive macro conditions and earnings potential, despite recent political changes.



Read more at Business Standard: Abrdn Plc favours Chinese and Indian stocks on policy boost hopes | News on Markets