CNBC Pro

Bank of America picks Asia-Pacific stocks to sell partly because of high revenue exposure to China

Bank of America's Asia stocks team expects companies in the region to see demand drop as Covid controls drag on China's economy
Tian Yuhao | China News Service | Getty Images

Bank of America's Asia stocks team has not recommended buying China stocks since November 2020. Now with the resurgence of Covid controls, the analysts have screened for stocks outside the country that are vulnerable to a China slowdown.

More In Street Calls

CNBC ProGoldman says buybacks could be pulled forward this year as companies look to dodge new tax. How to play it
CNBC ProAtlantic Equities downgrades Comcast and Charter, cites 'severely depressed' broadband additions
CNBC ProBarclays upgrades Poshmark to buy, says retailer could see more than 40% upside on fast-growing second-hand apparel market