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“EM and China are lagging meaningfully”: Why Morgan Stanley still favours Japan, India

Morgan Stanley continues to prefer Japan and India equity versus emerging markets (EM) and China this year as Japan has made a strong start to 2024 with TOPIX gaining +5.3% as of 18 January. Equity performers: Japan and India Japan remains a key overweight market for the US bank. The top 3 favourable sectors include automobiles & transportation equipment, commercial…

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