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    Home»News»Chinese stocks are the most overbought globally – BofA (MCHI:NASDAQ)
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    Chinese stocks are the most overbought globally – BofA (MCHI:NASDAQ)

    Press RoomBy Press RoomFebruary 28, 2025No Comments1 Min Read
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    Feb. 28, 2025 12:37 PM ETiShares MSCI China ETF (MCHI)QQQ, SPY, DIA, IVV, EWA, EWG, EWJ, EWS, EWW, EWY, EWZ, FXI, EWI, EWP, EWQ, EWU, EWC, EWH, EWL, EWT, EZA, DXJ, QLD, GXC, BRF, PIN, TUR, INDY, VOO, FLSW, GREK, INDA, EWUS, FSZ, TUSC, SASC, BRZU, KORU, DAX, MEXX, FLAU, FLCA, FLGR, FLHK, FLGB, FLKR, FLMX, FLTW, FLIN, BBCA, SP400, SP500, SP600, SPITRXLT, ES30D, IT30D, NQES, NQPT, CAC:IND, UKXBy: Monica L. Correa, SA News Editor
    A world globe marked with several national flag pins

    Richard Drury

    Chinese equities are the most overbought around the world, up almost 23% from their 200-day moving average in U.S. dollar terms.

    BofA Global Investment strategists ranked the most overbought and oversold global equities, with China, Spain, Singapore, and Germany at the top, and India, Portugal, and Turkey

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