Jefferies Shifts Focus from Indian to Chinese Stocks for Better Gains

Christopher Wood, Global Head of Equity Strategy at Jefferies, has reduced his investment in Indian stocks and shifted to Chinese markets. He believes China offers better growth opportunities right now.

Wood has long supported Indian equities, praising their strong domestic demand. However, Indian stocks have performed well recently, raising concerns about high valuations. This has made some foreign investors cautious.

Meanwhile, China’s markets, despite challenges, offer lower prices and policy-driven growth potential. Wood highlighted recent Chinese policies aimed at stabilizing the economy and supporting real estate. He sees these as promising investment opportunities.

In his “GREED & fear” newsletter, he stated that India remains strong for the long term. However, current market conditions make China more attractive for now. His shift shows the need for flexible investing based on changing market trends.

Investors should watch these shifts closely. They must consider economic indicators and policy changes before making decisions. Balancing risks and opportunities is key to smart investing.