Jefferies Boosts India, Taiwan in Asia Portfolio; Cuts China Amid Economic Uncertainty

• Jefferies increased India and Taiwan's weightage in its Asia Pacific ex-Japan portfolio, reducing exposure to China and Indonesia.
• India's weightage rose to 17% due to strong domestic demand, infrastructure growth, and improving corporate balance sheets.
• Taiwan benefits from global demand for advanced semiconductors and its crucial role in the tech supply chain.
• China's weightage was cut due to growing uncertainty regarding its economic recovery and policy direction.
• Jefferies also replaced Bank Central Asia with Samsung Electronics in its Global and International Long-Only Equity Portfolios.

Why It Matters: Jefferies shifts focus to India and Taiwan, citing India's growth and Taiwan's chip dominance.