These Asian Markets Are Becoming Investor Darlings as China Stocks Sink
- China gauge in bear market as Kospi flirts with bull territory
- Asia ex-China preference emerges in recent strategist actions
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As frustration over China’s equity performance increases, some of Asia’s other major markets are emerging as more attractive alternatives for global investors.
The divergence has been on full display this week. A key Chinese stock gauge saw losses from its recent peak reach 20% just as South Korea’s Kospi flirted with a bull market and benchmarks in India approached all-time highs. Japanese stocks hit a three-decade high earlier in May while Taiwan continues to outperform most stock markets around the world.