China and HK stocks fall as investors await China GDP data marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
China stocks ended higher
on Tuesday as investors awaited annual economic growth data due
out on Wednesday for further direction, while Hong Kong shares
hit a more than one-year low, dragged down by. -January 16, 2024 at 03:28 am EST
- MarketScreener
Herald Van Der Lindeof HSBC believes that earnings growth will remain strong, making Indian equities an attractive investment option. Unlike other markets in the region, India s macro story is resilient and supported by factors such as good export numbers, domestic investments, and a growing consumer base. Van Der Linde recommends investing in banks, consumer staples, and retailers. While there may be a tactical shift from small and midcaps to largecaps, he sees potential in domestic-oriented companies.
India s robust earnings growth to support Asian equities: HSBC forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
Investors may move towards domestic-oriented companies compared to export-facing sectors like IT, which continues to have a mute growth outlook, HSBC ‘s chief Asia equity strategist has said