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China’s Stock Market Pain Is India’s Financial Gain

July 24, 2015 : Permanent Link

(Bloomberg) The tumult in China’s stock markets has turned into a blessing for Indian shareholders.
International investors are pulling out of China, fueling record outflows through the Shanghai-Hong Kong exchange link, amid a $2.8 trillion plunge in mainland equity values since June 12. They’ve plowed $705 million into India over the same period, sparking a world-beating 7 percent gain in the benchmark S&P BSE Sensex index.

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