News Formal

Buy China consumer stocks, Bank of America tells its clients

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Buy China consumer stocks, Bank of America tells its clients

Investing.com -- Bank of America told its clients to buy Chinese consumer stocks as the world’s second-biggest economy continues to roll out stimulus measures targeting households.

Cash funds experienced their largest outflow in 12 weeks, with $17.4 billion leaving money market funds. Emerging market equities, however, saw a significant reversal with a $4.2 billion outflow, marking the largest exit since October 2023. China itself recorded the biggest outflow since July 2015 at $4.1 billion, following a record inflow of $39.2 billion the previous week.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These real estate stocks top Bank of America’s buy listBank of America lays out its top picks in the real estate sector.
Source: CNBC - 🏆 12. / 72 Read more »

Starbucks should spin off its China business, Bank of America saysStarbucks should spin off its China business, Bank of America says
Source: Investingcom - 🏆 450. / 53 Read more »