Goldman Sachs have downgraded their view on Hong Kong-traded China stocks.
- cut Hong Kong-listed Chinese companies to market-weight
- cut Hong Kong firms to underweight
- remains overweight on Chinese onshore shares
Citing
- low earnings growth and a potential consensus downgrade
- slowing growth stemming from the housing sector downturn, high debt levels, and adverse demographics
GS upgraded shares in India:
- India is expected to see “the best structural growth prospects in the region”
- mid-teens earnings growth over the next two years
Via Wikipedia map
