Is India preparing to overtake China in the stock market? Several Russian banks plan to obtain a "Foreign Portfolio Investment" (FPI) license from India to expand their investment business in India. Can Russian funds also choose to go to China? Are A-shares worse than Indian stocks? Is Russia too dishonest to China? Of course, the reason why Russian funds go to India is because they have no choice but to buy things with rupees in their hands and cannot exchange them for other currencies. They can only wait for changes and use them to reinvest in India.
It is reported that Russian oligarchs, family organizations, and the Ministry of Finance are seeking safe investment channels for their assets, and India is regarded as one of the preferred investment countries. Since March, three Russian non-bank asset management companies have registered as FPI companies with the Securities and Exchange Board of India (SEBI). This is the first time that Russian investors have invested in India through FPI. There are currently two issues that need to be resolved: First, how should India explain itself to the United States? Second, how does Russia explain to China? At present, it seems that India and Russia are joining forces to eat the two major players, the United States and China?
It is reported that Russian oligarchs, family organizations, and the Ministry of Finance are seeking safe investment channels for their assets, and India is regarded as one of the preferred investment countries. Since March, three Russian non-bank asset management companies have registered as FPI companies with the Securities and Exchange Board of India (SEBI). This is the first time that Russian investors have invested in India through FPI. There are currently two issues that need to be resolved: First, how should India explain itself to the United States? Second, how does Russia explain to China? At present, it seems that India and Russia are joining forces to eat the two major players, the United States and China?