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Credit Suisse goes overweight Chinese equities, sees “light at end of tunnel”

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Swiss bank Credit Suisse has upgraded its view of Chinese equities to overweight after Beijing indicated it would take steps to support the country’s bruised markets, which have suffered a brutal sell-off in recent weeks. In a note on Friday seen by Asian Private Banker, Asia-Pacific CIO John Woods said China’s equity market “has crossed the point of peak bear”….

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