Surging India internet stocks trounce China peers widening gap

India’s consumer technology stocks have outperformed China’s tech behemoths, led by companies such as Paytm’s parent, One 97 Communications, and Zomato, which have gained more than 20% this year amid a focus on profitability and a strengthening economy. This compares with China’s tech stocks, whose share prices are below January highs amid tougher regulations and geopolitical tensions.

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