- Published at
- by economictimes.indiatimes.com
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Cooling profits from India to China cast pall on Asia stocks
Forward earnings estimates for companies in the MSCI Asia Pacific Index have fallen by over 4% since the end of September, according to Bloomberg data. The outlook remains bleak for the largest markets: China is projected to see only modest earnings growth for 2024, despite a stimulus push, while Indias thriving tech sector faces challenges in justifying its high valuations.