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Analysis - China's equities seen overtaking India's in 2014

Reuters  |  HONG KONG 

By Clement TanHONG KONG (Reuters) - Chinese shares may be poised to become an unlikely star of Asian emerging markets in 2014, outshining India, thanks to cheap valuations and optimism about reforms.Investors have been underweight China for years.China-focused equity funds saw some net inflows in November, when the ruling Communist Party announced plans for far-reaching economic and social reforms, and analysts said once the government starts following through on those plans it would trigger a flood of money.Foreigners have bought a net $18.8 billion worth of Indian shares this year, ...

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First Published: Wed, December 18 2013. 02:42 IST