Tag: ‘overweight’ call
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HSBC drops ‘overweight’ call on EM equities on AI spending fears
July 8 : HSBC closed its “overweight” stance on emerging markets equities on Wednesday, citing increased volatility in Asia and warning that renewed concerns over weaker AI spending could disproportionately weigh on EM Asian markets.EM Asian equities have remained volatile lately, with major technology stocks
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