Why Chinese Shares Rebounded: News That’s Less Bad Than Expected - News Summed Up

Why Chinese Shares Rebounded: News That’s Less Bad Than Expected


Chinese stocks have just clocked their best first two months of the year since the global financial crisis, and outpaced the rest of the world, in spite of a cloud of bad news about the country’s economy and the region’s political stability. One popular explanation is that investors were bidding up prices ahead of MSCI’s announcement last Thursday that it will expand the amount of domestic A-shares it includes in its popular China benchmark. The explanation isn’t unreasonable. Goldman Sachs expects global investors who use...


Source: Wall Street Journal March 03, 2019 15:56 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */