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Maroc Maroc - Times of India - Business - 05/Sep 05:10

JPMorgan abandons its recommendation to buy China stocks

JPMorgan Chase & Co has shifted its stance on Chinese stocks from overweight to neutral, driven by concerns over potential US election volatility and China's economic issues. The bank advises investors to consider reallocating funds to other emerging markets like India, Mexico, and Brazil. This move follows similar downgrades by UBS Global and Nomura Holdings Inc.

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