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HSBC upgrades India to Overweight, cuts China to Neutral in Asia strategy shift

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HSBC upgrades India to Overweight, cuts China to Neutral in Asia strategy shift
Photo / Coverage: The Hindu Business Line
EXECUTIVE SUMMARY

Credit growth rose 21% year-on-year in October, with corporate lending up around 24% and MSME credit climbing 25%

Key Takeaways

  • HSBC upgrades India to Overweight, cuts China to Neutral in Asia strategy shift.

Credit growth rose 21% year-on-year in October, with corporate lending up around 24% and MSME credit climbing 25%

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Published originally on The Hindu Business Line

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OTHER MEDIA SOURCES COVERING THIS STORY
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HSBC upgrades India to overweight, downgrades China to neutral; here’s why

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