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UBS upgrades china stocks to 'overweight', cuts Taiwan and Korea
“The largest stocks in the China index have been generally fine on earnings/fundamentals. So China underperformance is purely due to valuation collapse,” strategists including Sunil Tirumalai wrote in a note on Tuesday.
“The largest stocks in the China index have been generally fine on earnings/fundamentals. So China underperformance is purely due to valuation collapse,” strategists including Sunil Tirumalai wrote in a note on Tuesday.
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