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CLSA hikes India allocation to 20% overweight on foreign inflow bets, reverses China call post-Trump win | Stock Market News
Source: Live Mint Global brokerage firm CLSA has reversed its early tactical shift from Indian equities to Chinese stocks, and has decided to raise India allocation while cutting exposure to China. In its report titled ‘Pouncing Tiger, Prevaricating Dragon’, CLSA cited challenges facing Chinese markets in the aftermath of Donald Trump’s victory in the US…