CICC: Bullish on investment potential in sectors such as Indian consumption, finance, information technology, infrastructure, steel, and cement.
Zhongjin pointed out that in terms of the capital market, the Indian equity market has been actively financing over the past two years. Considering the characteristics of the Indian economy, it is optimistic about the investment potential of sectors such as consumption, finance, information technology, infrastructure, steel, and cement. With J.P. Morgan planning to include Indian bonds in its index by 2024, the visibility of Indian bonds will increase, making them an option for diversified allocation and increased returns. It is recommended to focus on the investment value of government bonds and high-quality corporate bonds.
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