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HSBC trims India exposure and pivots to Korea but insists India still has its best days ahead
Business
Published on 28 April 2026
Downgrade isn’t about losing India faith
HSBC has cut its India equity exposure and increased its focus on South Korea, pointing to Korea’s sharp earnings growth. The bank says India’s earnings recovery is genuine but gradual, and its stance remains long-term bullish. HSBC frames the move as tactical rather than structural, urging investors to stay optimistic and target emerging Indian sectors.
- HSBC reduces India equity exposure in a tactical shift
- Korea gets a boost due to stronger, faster earnings growth
- India’s recovery is real but expected to be gradual
- Long-term conviction remains for emerging sectors in India
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times