China’s Stock Rally Is Becoming a Lifeline for Asian Portfolios
- MSCI Asia Pacific Index faring better than world gauge in June
- China’s easing stance, lifting of lockdowns to help region
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Chinese stocks’ outstanding resilience in a global selloff is giving Asia investors hopes that regional equities will get a lift in the second half.
In a brutal month that’s seen the world’s major stock indexes tumble into bear markets, Chinese shares have jumped. Their high weighting has helped put the Asian benchmark on track to beat a global gauge by the most since October 2020 this month.