HSBC strategists said that capital is flowing from US stocks to European stock markets and emerging markets as the upward momentum of the higher technology equity index weakens. According to the team led by Amit Shrivastava, this trend is a significant reversal from last month's situation. The strategist pointed out that the overall outlook for global capital flows is improving, and the global stock market will attract 910 billion US dollars in 2026, a five-year high.

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