HSBC

HSBC raised its rating on Korean equities from neutral to overweight, citing reduced market leverage and lower volatility. Margin loan balances fell by about $21 billion and single‑stock leveraged ETF

HSBC India Services PMI fell to 53.3 in July from 57.4 in June, marking the weakest growth rate in 53 months due to softer demand and competitive pressures. New export orders remained a bright spot wi

HSBC India Manufacturing PMI declined to 53.5 in July from 54.2 in June, marking the lowest reading since August 2021 but still indicating expansion. New export orders accelerated with gains from Cana