Reported 2 days ago
Chinese stocks have surged over the past six months, breaking free from previous slumps, while broader emerging market equities have flatlined. This divergence is largely attributed to a tech frenzy boosting consumer spending, distinct from the typical economic benefits seen before. The MSCI China Index has jumped over 30%, contrasting with a near 7% drop in other emerging markets. Investor optimism towards Chinese equities is persisting, despite concerns regarding potential US tariffs impacting the country's trade-dependent economy.
Source: YAHOO