BFW 03/14 02:36 *BOFA RAISES POLAND STKS TO OVERWEIGHT VS MARKETWEIGHT
BFW 03/14 02:35 *BOFA RAISES INDONESIA STOCKS TO OVERWEIGHT VS MILD UNDERWEIGHT
BFW 03/14 02:35 *BOFA RAISES INDIA STOCKS TO MILD OVERWEIGHT VS MARKETWEIGHT
BFW 03/14 02:35 *BOFA CUTS KOREA STOCKS TO MARKETWEIGHT VS OVERWEIGHT
BFW 03/14 02:34 *BOFA CUTS CHINA STOCKS TO MARKETWEIGHT VS OVERWEIGHT
BN 03/14 02:34 *BOFA CUTS CHINA STOCKS TO MARKETWEIGHT VS OVERWEIGHT
BN 03/14 02:34 *BOFA CUTS KOREA STOCKS TO MARKETWEIGHT VS OVERWEIGHT
BN 03/14 02:34 *BOFA RAISES INDIA STOCKS TO MILD OVERWEIGHT VS MARKETWEIGHT
BN 03/14 02:34 *BOFA RAISES INDONESIA STOCKS TO OVERWEIGHT VS MILD UNDERWEIGHT
BN 03/14 02:34 *BOFA RAISES POLAND STKS TO OVERWEIGHT VS MARKETWEIGHT
BFW 03/14 02:35 *BOFA RAISES INDONESIA STOCKS TO OVERWEIGHT VS MILD UNDERWEIGHT
BFW 03/14 02:35 *BOFA RAISES INDIA STOCKS TO MILD OVERWEIGHT VS MARKETWEIGHT
BFW 03/14 02:35 *BOFA CUTS KOREA STOCKS TO MARKETWEIGHT VS OVERWEIGHT
BFW 03/14 02:34 *BOFA CUTS CHINA STOCKS TO MARKETWEIGHT VS OVERWEIGHT
BN 03/14 02:34 *BOFA CUTS CHINA STOCKS TO MARKETWEIGHT VS OVERWEIGHT
BN 03/14 02:34 *BOFA CUTS KOREA STOCKS TO MARKETWEIGHT VS OVERWEIGHT
BN 03/14 02:34 *BOFA RAISES INDIA STOCKS TO MILD OVERWEIGHT VS MARKETWEIGHT
BN 03/14 02:34 *BOFA RAISES INDONESIA STOCKS TO OVERWEIGHT VS MILD UNDERWEIGHT
BN 03/14 02:34 *BOFA RAISES POLAND STKS TO OVERWEIGHT VS MARKETWEIGHT
BofAML Cuts China, Brazil, Korea Ratings as Pessimistic on EM
2014-03-14 03:08:00.766 GMT
By Weiyi Lim and Argin Chang
March 14 (Bloomberg) -- BofAML reiterates pessimism on
emerging, Asia markets in report today, citing potential
reversal of carry trade, slowdown in China with heightened
probabilities of liquidation and defaults and geo-political
contraints.
* Says EM equities “not out of the woods” on financial
vulnerability
* Downgrades China to marketweight from overweight, citing
growth downgrades, debt defaults and yuan issues
* Cuts Korea to marketweight from overweight
* Cuts Brazil to marketweight from mild overweight
* Also cuts Hong Kong to mild underweight vs mild overweight
on China slowdown, high bank exposure to China, strong
currency and property market risk
* NOTE: China H-Shares Poised for Bear Market as Economy
Concerns Deepen {NSN N2EKVH6TTDS2 <go>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the reporter on this story:
Weiyi Lim in Singapore at +65-6212-1886 or
wlim26@bloomberg.net
To contact the editor responsible for this story:
Chan Tien Hin at +60-3-2302-7859 or
thchan@bloomberg.net
2014-03-14 03:08:00.766 GMT
By Weiyi Lim and Argin Chang
March 14 (Bloomberg) -- BofAML reiterates pessimism on
emerging, Asia markets in report today, citing potential
reversal of carry trade, slowdown in China with heightened
probabilities of liquidation and defaults and geo-political
contraints.
* Says EM equities “not out of the woods” on financial
vulnerability
* Downgrades China to marketweight from overweight, citing
growth downgrades, debt defaults and yuan issues
* Cuts Korea to marketweight from overweight
* Cuts Brazil to marketweight from mild overweight
* Also cuts Hong Kong to mild underweight vs mild overweight
on China slowdown, high bank exposure to China, strong
currency and property market risk
* NOTE: China H-Shares Poised for Bear Market as Economy
Concerns Deepen {NSN N2EKVH6TTDS2 <go>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the reporter on this story:
Weiyi Lim in Singapore at +65-6212-1886 or
wlim26@bloomberg.net
To contact the editor responsible for this story:
Chan Tien Hin at +60-3-2302-7859 or
thchan@bloomberg.net