The numbers of strategists turning bullish on Chinese stocks is growing more by the day, with $Bank of America (BAC.US)$'s Michael Hartnett the latest to recommend the nation's equities as a top buy for 2023.
China's economic reopening is expected to boost equities as households have excess savings, according to strategists led by Hartnett in a Nov. 22 note, adding that the end of Covid restrictions boosted stocks in the United S...

Nvidia Downgraded to Neutral From Outperform at Daiwa
Daiwa analyst Louis Miscioscia downgraded $NVIDIA (NVDA.US)$ to Neutral from Outperform with a price target of $133, down from $215. The analyst questions why Nvidia "did not have a better understanding of the channel inventory level." Besides the unexpected "very weak" results, lower growth potential and China restrictions, "our next issue is high valuation, especially in this environ...