Skip to content

Chinese Stocks Stand Out as Rare Winners in Global Equity Rout

  • Key Chinese benchmarks outperform this month after lagging
  • Stabilizing Covid-19 outbreak is soothing investor jitters
Video player cover image
Goldman’s Blankfein Says US Should Prepare for Recession

Chinese stocks saw a reversal of fortune this week versus global peers as investors tiptoed back into the market, betting an expected lift of Shanghai lockdowns would spur a rally.

China’s benchmark CSI 300 Index rose 2% this week, standing out within a global sea of red. It’s also outperformed major peers for the month so far. Driving the turn in sentiment has been China’s stabilizing Covid-19 outbreak, which helped soothe worries that movement restrictions may intensify.