Chinese Stocks Wrap Up Best Quarter Since 2014 With a Huge Rally
- Almost all top gaining 30 emerging-market stocks are Chinese
- Government bonds, yuan also on track for strong first quarter
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Friday’s surge in Chinese stocks rounds up a winning quarter for the country’s investors.
China’s equities have outrun every other national market in the world in the three-month period. The CSI 300 Index’s 29 percent rally is its best since the end of 2014, when the nation’s equity bubble was forming. Apart from a Taiwanese chipmaker, a Brazilian steel producer and Latin America’s largest utility, all the top 30 performers on MSCI Inc.’s emerging-market benchmark are Chinese companies.