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

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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
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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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