Chinese Stocks Stand Out as Rare Winners in Global Equity Rout

Chinese stocks saw a fortune reversal against global competitors this week, as investors tiptoed back into the market, hoping an expected lifting of lockdowns in Shanghai would spark a rally.

China’s benchmark CSI 300 Index rose 2% this week and stood out in a global sea of ​​red. It has also outperformed its major competitors so far this month. The turn in sentiment has been the stabilizing Covid-19 outbreak in China, which has allayed concerns that restrictions on movement may increase.

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